‘Yunus doesn’t run Grameen Foundation’

Dr yunus

United States-based non-profit organisation Grameen Foundation has protested at an article of AP new agency in which it was said that Muhammad Yunus runs the foundation.

The foundation lodged the protest in a corrigendum letter to the news agency and a copy of the letter was sent to the media outlets in Bangladesh as well.

The AP came up with the article “Many donors to Clinton Foundation met with Hillary Clinton at State Department” on 23 August 2016.

“The article incorrectly states that Muhammad Yunus “runs” Grameen Foundation, and insinuates that Grameen Foundation received USAID money based on unethical behaviour, rather than through standard competitive processes and based on the merit of our organisation and programmes,” said the corrigendum letter signed by the foundation president and CEO, Steve Hollingworth.

It said Yunus was a founding member of the board of Grameen Foundation in 1997, and has been Emeritus Board Director since years.

However, Grameen Foundation is an independent United States-based nonprofit organisation with its own leadership and staff, it added.

“While we continue to gain inspiration from the vision and leadership provided by Nobel laureate Muhammad Yunus, he does not “run” Grameen Foundation,” read the letter.

“Furthermore, your article incorrectly implies that Grameen Foundation’s original partnership with the United States Agency for International Development (USAID), and subsequent grant funding, were the result of a meeting between Yunus and Hillary Clinton in April 2009,” said the letter.

The foundation claimed that the partnership entered between USAID and Grameen Foundation in 2009 was based on both organisations’ strong commitment to microfinance as a path out of poverty for the world’s poor.

Source: Prothom Alo

1 COMMENT

  1. Typical of Bengali character, we are good at discrediting a fellow Bengali & make sure we pull him/her to the gutter.

    Haven’t you heard the story of Bengali sinners put to boil in a tub in the Hell, with NO guards at all ??

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