Current:Home > FinanceBangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case -NextFrontier Finance
Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case
View
Date:2025-04-28 03:14:52
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! (689)
Related
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- Product recall: Over 80,000 Homedics personal massagers recalled over burn and fire risk
- 2 boys who fell through ice on a Wisconsin pond last week have died, police say
- Kremlin foe Navalny, smiling and joking, appears in court via video link from an Arctic prison
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Starting his final year in office, Washington Gov. Jay Inslee stresses he isn’t finished yet
- Walmart experiments with AI to enhance customers' shopping experiences
- Pope Francis blasts surrogacy as deplorable practice that turns a child into an object of trafficking
- Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
- Massachusetts family killed as a result of carbon monoxide poisoning, police say
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Florida mom of 10 year old who shot, killed neighbor to stand trial for manslaughter
- Investigation into why a panel blew off a Boeing Max 9 jet focuses on missing bolts
- Flying on United or Alaska Airlines after their Boeing 737 Max 9 jets were grounded? Here's what to know.
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- City council committee recommends replacing Memphis police chief, 1 year after Tyre Nichols death
- New Jersey’s State of the State: Teen voting, more AI, lower medical debt among governor’s pitches
- Killing of Hezbollah commander in Lebanon fuels fear Israel-Hamas war could expand outside Gaza
Recommendation
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
City council committee recommends replacing Memphis police chief, 1 year after Tyre Nichols death
John Mulaney and Olivia Munn Make Their Red Carpet Debut After 3 Years Together
Zaxby's bringing back fan-favorite salad, egg rolls for a limited time
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Mexican authorities investigate massacre after alleged attack by cartel drones and gunmen
Record-breaking cold threatens to complicate Iowa’s leadoff caucuses as snowy weather cancels events
US defends its veto of call for Gaza ceasefire while Palestinians and others demand halt to fighting