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Nobel Laureate Muhammad Yunus Indicted for Embezzlement in Bangladesh

Yunus, known for pioneering microcredit, faces charges of misusing $2 million from Grameen Telecom's workers' welfare fund.

  • Yunus and 13 others are accused of embezzling 252.2 million taka and money laundering.
  • The trial is set to begin on July 15, following the dismissal of petitions to drop the charges.
  • Yunus, 83, denies the allegations, claiming government harassment and political targeting.
  • He is currently out on bail after a separate conviction for labor law violations earlier this year.
  • Global leaders have previously urged the Bangladeshi government to halt legal actions against Yunus.
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