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Money embezzlement case

Court accepts charge-sheet against Dr Yunus, 13 others

Rule of law nowhere in country, laments the Nobel laureate

April 03, 2024 00:00:00

A court in the city on Tuesday took into cognizance the charge-sheet filed in a case against Grameen Telecom Chairman and Nobel Laureate Dr Muhammad Yunus and 13 others for allegedly embezzling Tk 250 million (25 crore) from the company and laundering the money abroad, report agencies.

Dhaka Metropolitan Sessions Judge Ash Shams Zaglul Hossain passed the order and sent the case to Dhaka Special Judge Court-4 for further proceedings.

The court also set May 2 for holding hearing in the case.

Meanwhile, the court issued arrest warrant against accused Grameen Telecom director Md Shahjahan as he failed to appear before the court for Tuesday's hearing.

Investigation officer in the case and Anti-Corruption Commission (ACC) deputy director Gulshan Anwar on February 1 filed the charge-sheet against a total of 14 accused.

The accused are- Grameen Telecom Chairman and Nobel Laureate Dr Muhammad Yunus, Grameen Telecom Managing Director (MD) Nazmul Islam, Directors Ashraful Hasan, Naznin Sultana, Parvin Mahmud, Md Shahjahan, Nurjahan Begum and Professor SM Huzzatul Islam Latifee, President of 'Grameen Telecom Sramik-Karmachari Union Md Kamruzzaman and its General Secretary Firoz Mahmud Hasan, lawyers Zafrul Hasan Sharif and Yusuf Ali, Union's representative Md Mainul Islam and Jatiya Workers Federation's Office Secretary Kamrul Hasan.

According to the case documents, a decision was made on the company's 108th board meeting, presided over by Dr Yunus on May 9, 2022, to open a bank account at Gulshan branch of Dhaka Bank Limited. But it was found that the account was opened a day before the decision was even made.

Nobel laureate Muhammad Yunus has lamented the "absence of rule of law" after appearing in court for the hearing of another case over embezzlement.

Yunus presented himself in the court on Tuesday as chairman of Grameen Telecom for the hearing of a case over alleged embezzlement of Tk252.2 million from dividends for the company's employees.

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