Current:Home > InvestBangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case -MoneyStream
Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case
View
Date:2025-04-13 03:26:23
DHAKA, Bangladesh (AP) — An appeals court in Bangladesh on Sunday granted bail to Nobel laureate Muhammad Yunus, who had been sentenced earlier to six months in prison for violating the country’s labor laws. The court also agreed to hear an appeal against his sentencing.
Yunus who pioneered the use of microcredit to help impoverished people, especially women, filed the appeal seeking bail on Sunday morning before it was granted. He was awarded the Nobel Peace Prize for his work in 2006.
The 83-year-old economist and three other officials of the telecommunications company were sentenced to six months in prison on Jan. 1, but they were immediately granted 30 days of bail to appeal the verdict and sentence.
Sunday’s court decision said the bail would remain effective until a final decision is made on the appeal for the sentencing.
Defense lawyer Abdullah Al Mamun said the first hearing on the appeal would be held on March 3.
The case involves Grameen Telecom, which Yunus founded as a non-profit organization.
Yunus’ supporters said the case is politically motivated, a charge that the government of Prime Minister Sheikh Hasina, who was elected for a fourth consecutive term earlier this month, has denied.
In the original verdict, the judge said Yunus’ company violated Bangladeshi labor laws. At least 67 Grameen Telecom workers were supposed to be made permanent employees but were not, and a “welfare fund” to support the staff in cases of emergency or special needs was never formed.
The judge also said that according to company policy 5% of Grameen’s dividends were supposed to have been distributed to staff but were not.
The judge found Yunus, the chairman of the company, and the three other company directors guilty, and fined each 30,000 takas, or $260, while also sentencing each to prison.
Yunus said after the original verdict that he was innocent.
“We are being punished for a crime we did not commit. It was my fate, the nation’s fate. We have accepted this verdict, but will appeal this verdict and continue fighting against this sentence,” he told reporters after the verdict was announced on Jan. 1.
Grameen Telecom owns 34.2% of the country’s largest mobile phone company, Grameenphone, a subsidiary of Norway’s telecom giant Telenor.
Yunus is known to have close connections with political elites in the West, especially in the United States, Europe and elsewhere.
He faces a number of other charges involving alleged corruption and embezzlement.
Yunus’ supporters say he has been targeted because of his frosty relations with Hasina.
veryGood! (59348)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Grizzlies' Marcus Smart to miss 6 weeks with a finger injury, creating more woes without Morant
- Marvin Harrison's Ohio State football career is over as star receiver enters NFL draft
- Is the musical 'Mean Girls' fetch, or is it never going to happen?
- Current, future North Carolina governor’s challenge of power
- Golden Globes Host Jo Koy Doubles Down on Intent Behind Taylor Swift Joke
- Mass killer who says his rights are violated should remain in solitary confinement, Norway says
- Nearly 10,000 COVID deaths reported last month as JN.1 variant spread at holiday gatherings, WHO says
- Rylee Arnold Shares a Long
- Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M
Ranking
- All That You Wanted to Know About She’s All That
- France’s new government announced with only one major change at the foreign ministry
- Mass killer who says his rights are violated should remain in solitary confinement, Norway says
- Oregon's Dan Lanning says he is staying at Oregon and won't replace Nick Saban at Alabama
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Iowa man killed after using truck to ram 2 police vehicles at casino, authorities say
- Pakistan says the IMF executive board approved release of $700 million of $3B bailout
- Two Democrat-aligned firms to partner and focus on Latino engagement for 2024 election
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Mayor says Texas closed park without permission in border city where migrant crossings had climbed
A frigid spell hits the Northwest as storm forecast cancels flights and classes across the US
Fruit Stripe Gum and Super Bubble chewing gums are discontinued, ending their decades-long runs
'Most Whopper
Reggie Wells, Oprah's longtime makeup artist and Daytime Emmy winner, dies at 76
Original 1998 'Friends' scripts discovered in trash bin up for sale on Friday
Ohio woman who suffered miscarriage at home won't be charged with corpse abuse