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Hearing on Yunus Plea Underway PDF Print E-mail

DATE: Monday, 02 May 2011

The Supreme Court has begun hearing a petition of Nobel laureate Muhammad Yunus urging withdrawal of a previous order on his sacking from the Grameen Bank as managing director.

Senior lawyer Dr Kamal Hossain is arguing Yunus's case at the hearing that began at the full court of the Appellate Division on Monday morning.

Hearing on another petition filed by nine directors of the bank against the High Court order that backed th central bank's sacking is simultaneously being held at the full court.

Yunus filed the petition on Apr 5 after the top court had confirmed the High Court ruling.

The Supreme Court order virtually put to rest a bitter battle between Yunus and the government.

The removal of Yunus drew flaks from home and abroad with the US criticising Bangladesh's handling of the affair.

Main opposition BNP also spoke highly against the decision, while his supporters said the firing was the culmination of a political vendetta against him.

Prime Minister Sheikh Hasina has accused Yunus, who briefly set up his own political party in 2007 during the military-run caretaker government, of using 'tricks' to avoid taxes and 'sucking blood of the poor' with his bank's loans.

The United States warned last month that ties with Bangladesh could be affected if a solution was not found to the clash between the government and Yunus.

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