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International Business Times
International Business Times
Business
AFP News

Nobel Winner Yunus Convicted In Bangladesh Labour Law Case

Bangladeshi Nobel peace laureate Muhammad Yunus (C) appears in a court in Dhaka on January 1, 2024. Yunus was facing six months in jail with a court set to rule on January 1 on a labour law case decried by his supporters as politically motivated. (Credit: AFP)

Nobel peace laureate Muhammad Yunus was convicted on Monday of violating Bangladesh's labour laws in a case decried by his supporters as politically motivated.

Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity of longtime Prime Minister Sheikh Hasina, who has accused him of "sucking blood" from the poor.

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