He is considered the inventor of the microfinance system, Muhammad Yunus from Bangladesh became famous as a banker for the poor, and he received the Nobel Peace Prize for his pioneering work, among other things. But his country’s authoritarian Prime Minister, Sheikh Hasina, identified him as her opponent; she apparently feared his political ambitions early on. She has been attacking Yunus sharply for years. Now the 83-year-old has been sentenced to prison by a court in Dhaka because, according to the judiciary, he violated labor law.
Bangladesh: Muhammad Yunus should be intimidated – Opinion
