Nobel Laureate Muhammad Yunus Granted Bail Amid Labor Law Violations
Despite facing over 170 cases, Yunus remains committed to his 'Three Zero' plan to combat climate change, unemployment, and poverty.
- Bangladeshi Nobel laureate Muhammad Yunus, known for his pioneering work in microfinance, has been granted bail by an appeals court after being sentenced to six months in prison for violating labor laws.
- Yunus and three other officials from Grameen Telecom, a company he founded, were found guilty of not making 67 workers permanent employees and not forming a 'welfare fund' for staff emergencies or special needs.
- Yunus, who denies the charges, faces at least 170 other cases, including major corruption charges that could result in a lengthy prison sentence if found guilty.
- Supporters of Yunus claim that the cases against him are politically motivated, due to his strained relationship with Bangladesh's Prime Minister Sheikh Hasina.
- Despite his legal troubles, Yunus remains committed to his 'Three Zero' plan aimed at reducing carbon emissions, ending unemployment, and cutting poverty.