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Clinton pressures Bangladesh government in Grameen Bank row

By Andrew Quinn DHAKA | Sun May 6, 2012 (Reuters) – U.S. Secretary of State Hillary Clinton on Sunday warned Bangladesh’s government not to undermine pioneering microlender Grameen Bank, saying it was a key driver in the South Asian nation’s slow climb out of poverty. Clinton met with Grameen’s ousted founder – Nobel Prize-winning economics professor Mohammad Yunus […]

By Nazmus Saquib Prime Minister Sheikh Hasina who is widely known for her alleged role in removing Muhammad Yunus from his position as chief executive of Grameen Bank, is now proposing for him to take over as head of Washington-based World Bank. She made the proposal at a meeting with a delegation of European MPs […]

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Nobel Laureate Muhammad Yunus has expressed concern over the future of Grameen Bank as the government has yet to find a managing director to lead the country’s largest microlender since removing him from the position last year. “They (the government) removed me and still they couldn’t find a replacement. We’re worried about the future of […]

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