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Muhammad Yunus, the interim leader of Bangladesh, was acquitted Sunday in a corruption case by a special court in Dhaka, according to an official of the Anti-Corruption Commission (ACC) who spoke to The Daily Star. Yunus, a Nobel laureate, was acquitted by Judge Muhammed Rabiul Alam of the Special Judge’s Court-4 of Dhaka along with 13 others, including Nurjahan Begum, the government’s health advisor.
Yunus was indicted in June on ACC charges of embezzling money from the profit participation fund of Grameen Telecom Nazmul Islam. Profit participation funds, which are mandatory under Article 234 of the Bangladesh Labour Act of 2006 mandate that a certain percentage of profit be divided among the workers of a company. Yunus, along with 13 other defendants, was accused of embezzling and illegally transacting 252 million Bangladeshi Taka from funds meant to be disbursed among employees. The case was initially placed before the Metropolitan Senior Special Judge’s Court of Dhaka, before being transferred to the Special Judge’s Court.
Yunus and his associates were convicted on separate charges in January for violating labour law regulations in their operation of Grameen Telecom. They were accused of violating the Bangladesh Labour Act by not following rules relating to workers’ contracts and the establishment of necessary welfare funds. He was later granted bail by an appellate court, with US Senators labelling the proceedings “harassment” intended to prevent criticism of the government.
Yunus was appointed Banladesh’s interim leader earlier this month following the resignation of Prime Minister Sheikh Hasina, who fled the nation. Following weeks of mass protest, the appointment of Yunus took place after consultation with various stakeholders such as political parties, activist groups and civil society members.
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Yunus was indicted in June on ACC charges of embezzling money from the profit participation fund of Grameen Telecom Nazmul Islam. Profit participation funds, which are mandatory under Article 234 of the Bangladesh Labour Act of 2006 mandate that a certain percentage of profit be divided among the workers of a company. Yunus, along with 13 other defendants, was accused of embezzling and illegally transacting 252 million Bangladeshi Taka from funds meant to be disbursed among employees. The case was initially placed before the Metropolitan Senior Special Judge’s Court of Dhaka, before being transferred to the Special Judge’s Court.
Yunus and his associates were convicted on separate charges in January for violating labour law regulations in their operation of Grameen Telecom. They were accused of violating the Bangladesh Labour Act by not following rules relating to workers’ contracts and the establishment of necessary welfare funds. He was later granted bail by an appellate court, with US Senators labelling the proceedings “harassment” intended to prevent criticism of the government.
Yunus was appointed Banladesh’s interim leader earlier this month following the resignation of Prime Minister Sheikh Hasina, who fled the nation. Following weeks of mass protest, the appointment of Yunus took place after consultation with various stakeholders such as political parties, activist groups and civil society members.
The post Bangladesh court acquits interim leader Muhammad Yunus on corruption charges appeared first on JURIST - News.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.