Dr.Yunus, controversies & comments December 16, 2010Posted by bdoza in BANGLADESH, GOVERNANCE, Media, POLITICS, Yunus.
Tags: Grameen Bank, microcredit, microfinance, Yunus
When I first saw the news in a leading Bangla newspaper, I was surprised and hardly believe myself. The headlines and the news is arranged in such a way as if Dr. Yunus has removed $700m from Grameen Bank for his own purpose. Many people who didn’t go into the depth of the news would be confused the way it was presented in the media except a few.
Tom Heinemann, a journalist from Denmark cites in his documentary of the events of 14 years back that was shown in the Norway National Television. The documentary shows that Norway and allied countries collected 700m and donated to Grameen Bank for the alleviation of poverty.
Grameen Bank in a Board Meeting headed by Dr. Yunus decided to transfer the money to Grameen Kalyan for better utilization of money. The money was deposited back to Grameen Bank, the interest of which was utilized for education, housing and business of the poor people.
Interesting is that the news got huge coverage in Bangladesh media. They not only accused Dr. Yunus of wrong doing but many of them expressed their in-confidence over the microcredit system operating in the country and abroad. In the Internet blogs, facebook and other social media were flooded with posts and comments. While many of the comments from Bangladesh were crudely critical, the observation from outside were mostly cautious. The Grameen Bank on behalf of Dr. Yunus was awkwardly trying to defend Dr. Yunus by disseminating the facts at its hand. Even MPs demanded inquiry into the allegation. Prime Minister Sk. Hasina came out as the harshest critic on the event. Dr.Yunus hails the bid for inquiry. He emphasised that there was no wrong doing. A news also circulated in the media in reference to Indian PM which proved false.
When the tide was at it’s peak, the Government of Norway issued a statement that there is no irregularities or embezzlement of any fund by Dr. Yunus and Grammeen Bank and the issue was settled in 1998. The statement drew a curtain over the controversies regarding Dr. Yunus and Grameen Bank pointing at the shallowness of our thoughts and intellect as a nation.
I was amazed by some of the answers of Dr. Yunus to the journalists when he came back to Bangladesh a few day’s back. At the end of interaction, he hoped that Bangladesh will move forward by the collective effort of us all.
But one thing is not clear to me why Tom Heinemann, took an event of 14 years back, the dispute of which settled at that time. Is it because he is a self employed journalist who thrives on so called investigative report and chose Dr.Yunus, who was at his peak of popularity , as his target to become famous in days? But it is not him to blame but it the temperament of Bangladesh people that made the news so important.
An ordinary citizen
Vilification of Grameen: Daily Star editorial
Honouring ourselves- Dr. Rehman Sobhan
Proud of Dr. Yunus-Dr.. Muhammad Ali Bhuiyan-University of North Carolina
A very dignified response-Abdul Hannan in Daily Star
Why this tirade against Professor Yunus-Dr. Fakhruddin Ahmed -a Rhodes Scholar
A case has been filed against Dr. Yunus in a magistrate court in Myemenshigh for making comments against the politicians in 2006.
A parliamentary committee has been formed to probe into the allegations against Grameen Bank.
Dr. Yonus appeared at the magistrate court to reply to the summon.
USA requested Bangladesh to deal with respect the matters related with Dr. Yunus.
Parliamentary subcommittee has submitted 16 allegations against Dr. Yunus and Grameen 8ank.
A case has been put against dr. Yunus for adulteration in the Sakti dai. Sakti dai is a food product of Grameen Dannon a joint venture of Grameen with Dannone- a world leader in nutritional product.