Why This Nobel Prize Winner Faces Life Imprisonment in Bangladesh | Big Take Asia

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Published 2024-07-16
Nobel Peace Prize-winning economist Muhammad Yunus pioneered micro loans as a tool to fight poverty. Now prosecutors in Bangladesh have linked him and his colleagues to a dizzying number of crimes, including embezzlement and laundering millions of dollars.

Today on The Big Take Asia, host K. Oanh Ha speaks to Bloomberg’s Kai Schultz about the complicated saga and what implications Yunus’s case has for Bangladesh, one of the fastest growing economies. We also hear from Yunus himself, who talks about the rift between him and Prime Minister Sheikh Hasina, and the personal impact of the legal drama.

Read more:
Bangladesh Sentences Nobel Peace Prize Winner to 6 Months in Prison (www.bloomberg.com/news/articles/2024-01-01/banglad…)

Big Money Backs Tiny Loans That Lead to Debt, Despair and Even Suicide (www.bloomberg.com/graphics/2022-microfinance-banks…)

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