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Thursday, January 24, 2013
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Yunus to destroy Grameen Bank

Muhith castigates Nobel hero

Finance Minister AMA Muhith yesterday made a scathing attack on Prof Muhammad Yunus saying that the Nobel laureate was set to destroy the bank he had founded decades ago.

"Dr Yunus has made all the arrangements to destroy Grameen Bank," he told reporters at his Secretariat office after a meeting with the bank's Chairman Mozammel Haque.

The finance minister also alleged that Prof Yunus had grabbed the bank and would not allow anyone to work on it.

On the recruitment of the managing director of the microcredit bank, Muhith said a search committee had been formed but Prof Yunus had stopped it by filing a case.

Prof Yunus stepped down as the managing director of the bank in May 2011, after the central bank had decided to remove him.

GB Chairman Haque said Tk 30,000 crore of Grameen Telecom which the company had received as dividend from Grameenphone, was traceless.

"The money was supposed to be with the Grameen Bank, as its members are the beneficiaries … But where is it? It is heard that Grameen Telecom had set up another company Grameen Telecom Trust," he said, adding that GB was investigating the matter.

The GB chairman also claimed that the bank was now in a better shape with 2,567 braches across the country and 26,000 employees.

"It has not been destabilised and none is uncomfortable here," he said.

Haque also said Prof Yunus had left the bank when it was going to turn 30. He had left an infrastructure and all we need to do is to retain it.

The GB chairman went to the finance ministry to discuss his plans to set up another microcredit bank.

Muhith welcomed the plan and told Haque that had he come with the proposal earlier they could have set up a microcredit bank.

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This Finance minister created enough nonsense; it is time that we the people of this country united demand his immediate resignation. He is totally out of his mind and we cannot trust him anymore with the responsibility of our exchequer. It is a total shame and we are bored of this senior man. He is deliberately damaging the economy of this country and I have my doubt that he is not free from jealousy.

: OpeeMonir

Here we go again. Since Muhit, his boss, and the whole Awami League government now know that the World Bank will NOT finance the Padma Bridge project, they are after the only scapegoat they can find. These people do not have any shame left.

: Truth Teller


  • Jumana Sarwar
    Thursday, January 24, 2013 12:41 AM GMT+06:00 (159 weeks ago)

    Let it be so! Get off your hands from the bank. Your smartness and service to the nation is no longer required.

  • Labu Khan
    Thursday, January 24, 2013 12:44 AM GMT+06:00 (159 weeks ago)

    Muhith sounds like a clown and a joker when he makes statements like this. His comments on the stock market debacle, Padma bridge, Hallmark scam and Destiny Group scam are all rubbish. Either he is getting too old to be the finance minister or he is really frustrated!!!! He needs to step down for the greater interest of the nation!

  • Shamol Ullah
    Thursday, January 24, 2013 01:02 AM GMT+06:00 (159 weeks ago)

    The Honorable Minister is such an Honorable 'Baedob' that he never learns his lessons.... not even after the A Sen quote fiasco....Muhith should be on his way to the door....

  • rch
    Thursday, January 24, 2013 01:03 AM GMT+06:00 (159 weeks ago)

    Now this has become personal --Muhith needs to stop this idiotic and senile behavior. Who owns Grameen telecom Trust? The Grameen Telecom --who owns Grameen Telecom? Grameen Bank --so, who is the owner of this funds --Grameen Bank shareholders -the poor women. What is this government stooge the current Chairman of GB implying?

  • Nasim Hasan
    Thursday, January 24, 2013 01:10 AM GMT+06:00 (159 weeks ago)

    In his own particular way, Muhith is trying to say that he is the only eligible person in the world to protect GB. In an interview last year he said that it was he who worked more than Yunus for the development of micro credit. I think he wants a Nobel prize as well... maybe he can be given for his unrealistic, unethical, nonsense speeches as well as for his unstoppable madness.

  • Siddique
    Thursday, January 24, 2013 01:10 AM GMT+06:00 (159 weeks ago)

    If Yunus is set to destroy the Grameen Bank, then Muhith and the Awami League government is set to destroy Bangladesh’s economy and reputation. Dr Yunus enabled Bangladeshi’s to bask in his reflected glory when he won the Nobel Prize. The Awami League government forced us to cower in their reflected shame when they were castigated for corruption by the World Bank.

  • Barkat
    Thursday, January 24, 2013 01:13 AM GMT+06:00 (159 weeks ago)

    So now Muhit the great scholar of Bangladesh want us to believe that Prof Yunus is destroying GB. He thinks the International community, the Noble foundation and the millions of Bangladeshis are all ignorant. The problem with Muhith is that he always wants to be in news every fortnight and so he comes up with some silly fantasies. Under his FM the great share market scandal, Hall Mark scandal involving national banks and many other financial scandals happen. How can this man dare to blame Prof Yunus. Either Muhith is in real need of rest due to old age or he needs a good adviser who can guide him with reality and not fantasy.

  • fedup
    Thursday, January 24, 2013 01:59 AM GMT+06:00 (159 weeks ago)

    A case of clear loss of far sight. Why the bank was started under the guidance of the government? NGO style banks are already working in the country and BRAC bank is a formal private sector bank having less or no controversy. The problem has arisen when Prof Yunus received the Nobel Peace prize sharing with the GB.

  • Dr. Golam Kibria
    Thursday, January 24, 2013 02:08 AM GMT+06:00 (159 weeks ago)

    FM Muhith should not forget that Grameen bank is his baby and Prof Yunus knows exactly how to act within the means to serve the best interest of the institution. We also must agree one point that Prof Yunus is a Noble Prize winner and he is a learnt man in that sense. Many say that he is highly a scholarly person and I do not that that our FM would disagree to that either. The way FM was expressing himself in front of the media so openly; I have my serious doubt that he is absolutely Jealous of Yunus. FM’s logic was childish and the way he was throwing his body was not at all fashionable. We are deeply shocked and ashamed in the sense. I hope Muhith will come to his sense quickly and repair the damage. We all know that he does not have a political career in front of him, but even though it is a difficult episode altogether when one is in front of media.

  • mahfuzul h chowdhury
    Thursday, January 24, 2013 02:42 AM GMT+06:00 (159 weeks ago)

    What a shame Muhith. Comes on please give the nation a break. Go to retirement. Don't destroy yourself further.

  • Nick
    Thursday, January 24, 2013 03:16 AM GMT+06:00 (159 weeks ago)

    Why will the founder of the bank, a Nobel Peace Prize laureate set out to destroy his cherished banks? The Finance Minister must be suffering from old age dementia.

  • Ron Fink
    Thursday, January 24, 2013 03:43 AM GMT+06:00 (159 weeks ago)

    This is just a distraction from the real enemies of the people of Bangladesh.

  • Selma
    Thursday, January 24, 2013 03:52 AM GMT+06:00 (159 weeks ago)

    These allegations are serious and so a thorough financial forensic team must investigate them for the sake of the people who are supposed to be its members.

  • true_talk
    Thursday, January 24, 2013 03:56 AM GMT+06:00 (159 weeks ago)

    Muhith and Hasina do not understand couple of things (1) castigating Yunus is like spitting in the air (2) Yunus is our national pride just like Sheikh Mujib. We have room for more people who can pull this nation up and bring more respect from abroad.

  • mahffuzul h chowdhury
    Thursday, January 24, 2013 04:27 AM GMT+06:00 (159 weeks ago)

    People normally suffer from hearing loss at the age of Muhith, the honorable Finance Minister of Bangladesh. But it looks like he has lost everything; his power of reasoning, sense of judgment, and proportion only except his body. It is about time for him to retire and give the nation a break.

  • W. Khan
    Thursday, January 24, 2013 06:06 AM GMT+06:00 (159 weeks ago)

    Shut up, Muhith. Stop blaming others for your own failures.

  • M H Uddin
    Thursday, January 24, 2013 06:50 AM GMT+06:00 (159 weeks ago)

    It's not apparent why govt is running after again and again with one of the country's notable citizens. We know the game of politics against each other among the political parties but why most AL people bring Prof Yunus issue over and over. Is there any sign that he is coming to politics? Or is he bigger than AL? Muhith made so many derogatory comments, and couple of times he regrets for his comments too. When ever there is a problem inside govt, people among AL starts babbling to divert people's attention. AL is now overwhelmingly criticized for BSL activities, Padma bridge anomalies, and increase of fuel price. Although AL has done very good job interim of War crime cases, its continuous stance against Yunus bothers people a lot. Be brave to take criticize from all quarters.

  • curzon
    Thursday, January 24, 2013 06:57 AM GMT+06:00 (159 weeks ago)

    Evidently, the finance minister requires taking a sanity test.

  • Anamul Haque Monir
    Thursday, January 24, 2013 07:06 AM GMT+06:00 (159 weeks ago)

    A mother never kills his child. So how could pro. Yunus destroyed GB who founded it. Yours comment is totally false. You are the father of stupidity!

  • reza
    Thursday, January 24, 2013 07:17 AM GMT+06:00 (159 weeks ago)

    Our FM has lost it, it's high time for him to retire and work on his hobbies. It's also high time for the media to STOP publishing all these slanders against Dr Yunus. We should not pay much attention to what the politicians say about this great Bengali who earned us a Noble prize and world recognition. I think as a media, you can stop paying attention to this since end of the day it's not news worthy. Focus on the real issues of the people.

  • Miller
    Thursday, January 24, 2013 08:05 AM GMT+06:00 (159 weeks ago)

    Here he comes again with some more dirty fellows appointed by the AL government. These fellows are definitely not in peace at their old ages. AMA Muhith should resign from his post and the post should be given to someone more qualified than him. Once he said he is the founder of GB and now he tells Prof. Yunus is the founder. Everyday he changes his stance on anything. Everything he talks has got to be rubbish.

  • Bewildered
    Thursday, January 24, 2013 08:38 AM GMT+06:00 (159 weeks ago)

    To set up another micro credit bank? But I thought micro credit banks were bloodsuckers?

  • NasirullahMridha,USA
    Thursday, January 24, 2013 09:39 AM GMT+06:00 (159 weeks ago)

    Muhith release all the time unedifying comments on Yunus. We know he does it out of frustration that his master did not nominate for NOBEL price yet despite high profile lobbying. If Yunus has conspiring to destroy the Grameen why government sat idle to take action against him? AL government cast aspersions on Yunus now-a-days come into fashion. Stop waffle and do something constructive that could uphold the image of Grameen.

  • Dr. Supria Dhar
    Thursday, January 24, 2013 10:18 AM GMT+06:00 (159 weeks ago)

    Muhith is a laughing being. He can pronounce ugly staff without having to think what it means and how any educated person perceive his irresponsible utterances. Anyway people have tolerated him and will have to bear with him another year. Thereafter, he will go with the Baishaki wind.





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