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  #1  
Old November 8, 2012, 12:30 PM
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Default প্রথম আলো: সরকারের ভালো কাজে বাধা ইউনূস

অর্থমন্ত্রী আবুল মাল আবদুল মুহিত বলেছেন, ‘এ দেশে এত ভালো কাজ হচ্ছে, এটা পৃথিবীর কোথাও প্রাধান্য পায় না। এর একমাত্র কারণ হচ্ছেন ইউনূস।’
More here. What a character!
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  #2  
Old November 8, 2012, 12:45 PM
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Ittefaq reports: ইউনূস দেশবিরোধী প্রচারণায় লিপ্ত

"গ্রামীণ ব্যাংকের প্রতিষ্ঠাতা ড. মুহাম্মদ ইউনূসের বিরুদ্ধে বিষোদগার করে অর্থমন্ত্রী আবুল মাল আবদুল মুহিত বলেছেন, বাংলাদেশের অগ্রগতি বিশ্বে গুরুত্ব না পাওয়ার জন্য তিনিই দায়ী।" Dr. Yunus must be really powerful.
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  #3  
Old November 8, 2012, 12:50 PM
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No more Abuls, pleaseeeeee. Mathar chul to shob chirsi, buk er chul gula rakhte den!
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  #4  
Old November 8, 2012, 02:05 PM
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Quote:
Originally Posted by AsifTheManRahman
No more Abuls, pleaseeeeee. Mathar chul to shob chirsi, buk er chul gula rakhte den!
You should send this petition to Apa...
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  #5  
Old November 8, 2012, 02:08 PM
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Abulder haatei desher orthoniti, desher cricket... no wonder amader desher konodikei unnotir kono chhaya nai
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  #6  
Old November 8, 2012, 02:15 PM
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Thread title should clarify that it's the FM who made the comment and not PA.
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  #7  
Old November 9, 2012, 08:21 PM
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Quote:
Originally Posted by Equinox
Thread title should clarify that it's the FM who made the comment and not PA.
It was the PA headline. I don't think I should have changed their headline.
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  #8  
Old November 8, 2012, 02:24 PM
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Emon ki bhalo kaaj korse I am thinking abt that!!!
Disillusioned politicians...
Previous Democritically elected Finance minster had a super corrupt family and this one is super crazy.... Not sure which is worse, but general people suffer...
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  #9  
Old November 8, 2012, 02:39 PM
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As usual our politicians are horrible at expressing their thoughts in a considered, balanced manner.

Anyway, at the moment, I am trying to write a dispassionate article on this Grameen Bank imbroglio, starting from its inception to the Norwegian documentary through to the petition(s) before the Supreme Court and finally to its aftermath, including the departure of Dr. Yunus and the setting up of an independent inquiry commission to investigate the purported irregularities GB's subsidiaries have been involved in.

Having met Dr. Yunus and Monica Yunus when I was young, having a copy of 'Banker to the Poor' signed by him personally and looking up to him throughout my adolescence and teenage years, I find it hard to think that he could be involved in anything illegal. But the more I delve into this complex legal-financial web of Grameen, the more that I feel something is awry...[to be continued]
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  #10  
Old November 8, 2012, 02:59 PM
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Quote:
Originally Posted by Navo
As usual our politicians are horrible at expressing their thoughts in a considered, balanced manner.

Anyway, at the moment, I am trying to write a dispassionate article on this Grameen Bank imbroglio, starting from its inception to the Norwegian documentary through to the petition(s) before the Supreme Court and finally to its aftermath, including the departure of Dr. Yunus and the setting up of an independent inquiry commission to investigate the purported irregularities GB's subsidiaries have been involved in.

Having met Dr. Yunus and Monica Yunus when I was young, having a copy of 'Banker to the Poor' signed by him personally and looking up to him throughout my adolescence and teenage years, I find it hard to think that he could be involved in anything illegal. But the more I delve into this complex legal-financial web of Grameen, the more that I feel something is awry...[to be continued]
And you may be right but a seasoned politician must be careful when making accusations without much to substantiate that accusation against a figure who is a national pride.

Case in point, if Hansie Cronje did not come to the open and claimed of wrong doing I dont think anyone would have put any weight on the Delhi Police claims, just because of the enormous respect that people had for Cronje...
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  #11  
Old November 8, 2012, 03:48 PM
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Quote:
Originally Posted by HereWeGo
And you may be right but a seasoned politician must be careful when making accusations without much to substantiate that accusation against a figure who is a national pride.

Case in point, if Hansie Cronje did not come to the open and claimed of wrong doing I dont think anyone would have put any weight on the Delhi Police claims, just because of the enormous respect that people had for Cronje...
Ironically, just such a statement was made by the FM himself in March 2011 when he said, "They [the United States] said they want us to treat him [Yunus] with respect. We told them that Yunus is the pride of Bangladesh" However, much has changed since that statement was and much more has been gleaned about the history and operation of GB. It has been, for instance, established conclusively by the Appellate Division of the Supreme Court of Bangladesh that GB is a statutory public authority rather than an NGO or an ordinary Bank given the particular provisions of the Grameen Bank Ordinance, 1983. (I would encourage everyone to read it, it's in pretty simple English) This casts a long shadow over the entire operations of GB as they have functioned in a manner totally independent of this statute, thus exposing themselves to further litigation. It is from this that all the issues concerning his retirement age, appointment of MDs, creating subsidiaries like Grameen Kalyan, Grameen Fund, etc. arises.

At the same time, the successive Governments of Bangladesh as well as the Bangladesh Bank are at fault for not noting these discrepancies earlier and not undertaking a thorough financial and legal investigation back in the late nineties when the Norwegian Government through their Embassy raised concerns about the arbitrary, unannounced transfer of aid money, in the millions of dollars, from Grameen Bank to Grameen Kalyan.

And then there is the issue of "if its all in the greater good, why not just let these 'legal technicalities' slide?" or "what have these politicians given us, compared to the name and fame garnered by Dr. Yunus?" versus "is micro-credit successful at all in alleviating poverty?" [But more on this another time]

With regard to the particular accusation against Dr. Yunus that he has 'powerful friends', I believe the FM is referring to the close, personal relationship Dr. Yunus has to the Clintons, Richard Branson, Nicholas Kristof of the NY Times, etc as evidenced by the number of sensational articles and statements they've made on his behalf in the global press. At home, he has the weighty support of eminent intellectuals and civil society members like Rehman Sobhan, Dr. Kamal Hossain, etc. He is able to leverage the 'social capital' of this international and domestic support, dovetail it with our long-held belief in his integrity and posit it against our deep distrust of the State and all its weak, decrepit structures. Any investigation of Grameen Bank - which happened in 2011 for the first time since its inception - is thus summarily dismissed as politically motivated and we'll never really know the truth.
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  #12  
Old November 16, 2012, 11:19 AM
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Brilliant research and analysis by Navo - must give credit where it's due. My feeling about GB has been that of ambivalence. At times I've felt really good about Dr Yunus winning the nobel prize, garnering worldwide attention and all that. Other times I've been saddened by the horrific stories of GB workers taking everything away from poor folks who are unable to repay their debt with exorbitant compounded interests. Then I tell myself "if something seems too good to be true then maybe it is too good to be true", and like most things in life accept GB with both its good and bad and move on. However, I'm very curious to learn more about this part of the argument--
Quote:
Originally Posted by Navo
And then there is the issue of "if its all in the greater good, why not just let these 'legal technicalities' slide?" or "what have these politicians given us, compared to the name and fame garnered by Dr. Yunus?" versus "is micro-credit successful at all in alleviating poverty?" [But more on this another time]
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  #13  
Old November 8, 2012, 02:45 PM
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Abul, Nazim, SN der team e deikhe mathar chandi emnitei gorom hoye ache...ekhon arek Abul er kotha shunle mathar chul ektao thakbe na !!!
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  #14  
Old November 8, 2012, 03:03 PM
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shikkhito hok ba oshikkhito hok, amader desh er politician ra shob i shala hypocrite and bunch of jealous freak.
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  #15  
Old November 8, 2012, 03:32 PM
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When will this jealousy end ?

The way things are going wont be surprised if Professor is soon classed as war criminal by BAL politicians.
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  #16  
Old November 8, 2012, 06:31 PM
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Ha ha ha ....

AL is axing their own foot.... It's really hard to defame such a figure...it's like banging your head against a wall....you know which one breaks...
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Old November 9, 2012, 10:41 PM
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And now Muhit Shaheb is putting words into Amartya Sen's mouth!

Quote:
Amartya refutes Muhith
Urges him to withdraw wrong attribution made to him

Nobel laureate Prof Amartya Sen has expressed surprise at Finance Minister AMA Muhith's comments that he made on Thursday attributing to him about Nobel laureate Prof Muhammad Yunus.

In a written reply to a query from The Daily Star, Sen hoped that Muhith would withdraw his wrong attribution to him about Yunus.

Quoting Sen Muhith on Thursday told reporter in Dhaka, "Professor Sen told me that so many good things are happening in this country but they are not highlighted anywhere in the world only because of Professor Yunus."

But Sen yesterday said: “I am particularly surprised -- indeed astonished -- to see his attributing to me a view that is not mine. Indeed, the alleged utterance is not close to anything I told Muhith when we met briefly at the VIP lounge in the Bangkok Airport last month.”

***

"Among the principal factors behind this widespread global reluctance to say good things about Bangladesh's progress is a shared resentment by a large section of influential intellectuals across the world of the harsh official treatment of Dr Yunus in Bangladesh.

I was not at all accusing Yunus of preventing the recognition and praise that Bangladesh deserves (as Mr Muhith seems to be saying). Rather, I was pointing to the fact that the treatment of Yunus -- and its interpretation in the outside world -- have been strongly inhibiting factors working against the justified acclaim that Bangladesh's stellar achievements could otherwise be expected to get in the world.

I hope Mr Muhith will withdraw his wrong attribution to me, in the light of my reminding him of exactly what I told him."

READ MORE
Talk about twisting words! It's time for him to go. What a disgraceful exit this'll turn out to be.
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Old November 10, 2012, 10:28 AM
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Does this man have any shame ...!! And the PM seems to have fun, unleashing her dogs behind defaming Younus... And thinking thet she is doing a great job...world should be amazed at the display of her intellect and power...she thinks, she is more knowledgeable than Younus, because she probably has more Phds than the professor. Why people don't give her a Nobel Prize for being the most jealous character on universe??
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  #19  
Old November 12, 2012, 10:41 AM
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Quote:
Originally Posted by BANFAN
Does this man have any shame ...!! And the PM seems to have fun, unleashing her dogs behind defaming Younus... And thinking thet she is doing a great job...world should be amazed at the display of her intellect and power...she thinks, she is more knowledgeable than Younus, because she probably has more Phds than the professor. Why people don't give her a Nobel Prize for being the most jealous character on universe??
Anyone knows how many Ph.D. she has? She must have worked extra hard for each of them.
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Old November 10, 2012, 10:37 AM
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Well Muhith needs to be taken out to a retirement home.

http://www.virtualbangladesh.com/thoughts/?p=156
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  #21  
Old November 12, 2012, 10:39 AM
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But not before he gets Apa the Nobel Peace Prize that was stolen by the cunning Dr. Yunus!

Quote:
Originally Posted by Zunaid
Well Muhith needs to be taken out to a retirement home.

http://www.virtualbangladesh.com/thoughts/?p=156
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Old November 12, 2012, 11:26 AM
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Quote:
Originally Posted by Sohel
And now Muhit Shaheb is putting words into Amartya Sen's mouth!

Talk about twisting words! It's time for him to go. What a disgraceful exit this'll turn out to be.
Quote:
Originally Posted by Zunaid
Well Muhith needs to be taken out to a retirement home.

http://www.virtualbangladesh.com/thoughts/?p=156
As Amartya Sen's response letter has only been excerpted partially by Sohel bhai, for greater clarity I'll paste it in its entirety:

"SEN'S FULL STATEMENT
I have known Mr Muhith for a long time and like him a lot (and I also think he is an excellent finance minister), and in view of all this, I am particularly surprised -- indeed astonished -- to see his attributing to me a view that is not mine. Indeed, the alleged utterance is not close to anything I told Muhith when we met briefly at the VIP lounge in the Bangkok Airport last month.

What I told him included the following:

1) Bangladesh has made extraordinary progress on economic and social matters at a very rapid pace in recent years -- a subject on which I have written in American and Indian newspapers and periodicals (I have also commented on the fact that Bangladesh has overtaken India in most of the standard indicators of living standards);

2) Prime Minister Hasina, whom I much admire, can certainly claim great credit for her leadership in the transformation of Bangladesh into a powerfully progressive modern society, and this does deserve hugely more global recognition;

3) The constructive roles of Bangladeshi NGOs, including the positive parts played by BRAC and Grameen Bank in the progress of Bangladesh, deserve emphatic recognition;

4) I am saddened by the fact that Bangladesh's achievements get far less acknowledgement and praise in the world media than they should get;

5) Among the principal factors behind this widespread global reluctance to say good things about Bangladesh's progress is a shared resentment by a large section of influential intellectuals across the world of the harsh official treatment of Dr Yunus in Bangladesh.

I was not at all accusing Yunus of preventing the recognition and praise that Bangladesh deserves (as Mr Muhith seems to be saying). Rather, I was pointing to the fact that the treatment of Yunus -- and its interpretation in the outside world -- have been strongly inhibiting factors working against the justified acclaim that Bangladesh's stellar achievements could otherwise be expected to get in the world.

I hope Mr Muhith will withdraw his wrong attribution to me, in the light of my reminding him of exactly what I told him."

Source
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Old November 12, 2012, 12:09 PM
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I think people are blaming the Government of Bangladesh for the wrong reasons here. Forget petty jealousies and seeking revenge for daring to float a new party:

If Grameen Bank has violated the law - and there is no reason to doubt that there has been, with some of the reasons outlined here - then successive Governments of the People's Republic of Bangladesh, the Bangladesh Bank as well as the Supreme Court are responsible for not catching this sooner. At the same time, it is a well-settled legal principle that just because the responsible authority failed in their duty initially, that does not absolve the suspected party of all alleged wrongdoing. Even with the time lapse, if the legal harm is still continuing then the ordinary rules of limitation don't apply.
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Old November 13, 2012, 10:24 AM
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Quote:
Originally Posted by Navo
I think people are blaming the Government of Bangladesh for the wrong reasons here. Forget petty jealousies and seeking revenge for daring to float a new party:

If Grameen Bank has violated the law - and there is no reason to doubt that there has been, with some of the reasons outlined here - then successive Governments of the People's Republic of Bangladesh, the Bangladesh Bank as well as the Supreme Court are responsible for not catching this sooner. At the same time, it is a well-settled legal principle that just because the responsible authority failed in their duty initially, that does not absolve the suspected party of all alleged wrongdoing. Even with the time lapse, if the legal harm is still continuing then the ordinary rules of limitation don't apply.
If laws have been broken, then the proper mechanisms should be used to bring the lawbreakers to justice. Not what has been going on. Plus, even in Bangladesh, "innocent until proven guilty" applies. Clearly, the media circus has nothing to do with justice.
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Old November 13, 2012, 01:31 PM
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Quote:
Originally Posted by shuziburo
If laws have been broken, then the proper mechanisms should be used to bring the lawbreakers to justice. Not what has been going on. Plus, even in Bangladesh, "innocent until proven guilty" applies. Clearly, the media circus has nothing to do with justice.
This is the broad chain of events since this whole Yunus affair started:

1. A Norwegian documentary is released in late 2010 on irregularities in GB which brings the issue of misappropriated funds to the attention of the international community as well as Bangladeshi authorities. NORAD then explains that the whole issue has been resolved amicably with Dr. Yunus but it is an embarrassment for the Government as they: a) did not follow up on the irregularities reported in a Bangladesh Bank Audit Report conducted in the late 90s and b) did not, overall, scrutinize the actions of Grameen Bank's since 1983. It is also noteworthy that since this incident, the Embassy formally ended their funding arrangement with GB in 2003; an arrangement that had been so lucrative for GB since 1986, when they first started receiving support from Norway and which by 1997 totaled NOK 392.639 million.

2. Investigation starts by Gov. and Bangladesh Bank (BB)

3. Letter is sent in March 2011 to Dr. Yunus by BB indicating that he had overstayed his legally permitted tenure.

4. After these two issues were raised the Gov. set up a 5-member Inquiry Committee to review the operations of the Bank and they made certain recommendations.

5. Dr. Yunus brings a writ petition against the Gov. on the issue of his superannuation and his and GB's legal status. In May 2011, the Apex Court ruled that GB is a 'statutory public authority' created by the Grameen Bank Ordinance, 1983 and as Dr. Yunus is a 'public servant' under the same Ordinance, he is bound by the regulations that govern public servants - hence why his superannuation was at 60. (It is important to note how conclusive such a judgment is as it is made by an apex body. Disregarding its judgment is tantamount to disregarding the Constitution as it's the head arbiter of the supreme law of the country.)

6. An Independent Inquiry Commission is set up under the Inquiry Commissions Act with a very different panel from the earlier Committee, who are tasked with unearthing the factual matrix which underlies the entire issue i.e. the legal status of GB and its associated entities, who 'owns' GB and its associated entities and who 'runs' GB and its associated entities and then make recommendations on how to bring its operations in line with the law, if any divergences are found. The work of the Inquiry Commission is ongoing.

7. Nicholas Kristoff, Richard Branson, 17 Female US Senators, Madeleine Albright, the former Irish President, the Economist, etc. all expressed concern in various ways about the 'government takeover' of GB, its potential harmful effect on women and the political vendetta they feel underlies this entire issue. The Gov. have gone on to express their ire over this issue and tried to posit their view that this does not amount to a takeover and that they will seek to uphold the rights of women, through a series of letters, rebuttals and gaffes.

That's basically how it stands now. Not ideal, but hardly Soviet-style nationalisation either. Needless to say this is an immensely complex issue and given the popularity of Dr. Yunus worldwide, it is unsurprising that it is catching headlines more regularly than legal violations in other areas - not that I agree with it or with Jadukor bhai that some legal issues have been getting shamefully little attention. (For instance, the murder of labor leader Amirul Islam....)
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