Current:Home > ScamsBangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case -StockPrime
Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case
View
Date:2025-04-12 19:03:25
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! (444)
Related
- Current, future North Carolina governor’s challenge of power
- Most Agribusinesses and Banks Involved With ‘Forest Risk’ Commodities Are Falling Down on Deforestation, Global Canopy Reports
- Berta Cáceres’ Murder Shocked the World in 2016, But the Killing of Environmental Activists Continues
- Warming Trends: Radio From a Future Free of Fossil Fuels, Vegetarianism Not Hot on Social Media and Overheated Umpires Make Bad Calls
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- As Powerball jackpot rises to $1 billion, these are the odds of winning
- Inside Clean Energy: How Norway Shot to No. 1 in EVs
- A trip to the Northern Ireland trade border
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- At Haunted Mansion premiere, Disney characters replace stars amid actors strike
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Biden Administration Unveils Plan to Protect Workers and Communities from Extreme Heat
- Biden Administration Unveils Plan to Protect Workers and Communities from Extreme Heat
- DOJ sues to block JetBlue-Spirit merger, saying it will curb competition
- Questlove charts 50 years of SNL musical hits (and misses)
- These Secrets About Sleepless in Seattle Are Like... Magic
- Florida’s Red Tides Are Getting Worse and May Be Hard to Control Because of Climate Change
- To Equitably Confront Climate Change, Cities Need to Include Public Health Agencies in Planning Adaptations
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Fox News stands in legal peril. It says defamation loss would harm all media
Former Child Star Adam Rich’s Cause of Death Revealed
Super PAC supporting DeSantis targets Trump in Iowa with ad using AI-generated Trump voice
The 401(k) millionaires club keeps growing. We'll tell you how to join.
For the first time in 2 years, pay is growing faster than prices
A “Tribute” to The Hunger Games: The Ultimate Fan Gift Guide
Shein lawsuit accuses fast-fashion site of RICO violations