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The Guardian - UK
The Guardian - UK
World
Peter Beaumont and agencies

Nobel laureate Muhammad Yunus convicted of violating Bangladesh’s labour laws

Muhammad Yunus steps outside court in Dhaka.
Muhammad Yunus and three colleagues from Grameen Telecom were accused of violating labour laws when they allegedly failed to create a workers’ welfare fund. Photograph: Munir Uz Zaman/AFP/Getty Images

The Nobel peace laureate Muhammad Yunus has been convicted of violating Bangladesh’s labour laws in a trial decried by his supporters as politically motivated.

The 83-year-old, credited with lifting millions out of poverty with his microfinance bank, Grameen, has earned the enmity of Sheikh Hasina, the longtime prime minister, who has accused him of “sucking blood” from poor people.

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