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Sunday, February 20, 2011

[ALOCHONA] Re: Huge support for Yunus

Mahfuz Anam is probably realising that the honeymoon period for the government ended some time back. He also is probably realising that if he stays too quiet he, and his paper, will face a lot of criticism from which they may never recover. They have played a clever game so far - tempering everything, being the very definition of moderation. May be it was a good thing - the government was never going to have a smooth ride and deserved a lot of understanding and forgiveness for the sake of the country. But such support is getting harder to justify to a growing section of the readership and a growing section of his conscience.

Mahfuz Anam is irrelevant in the presence of Nurul Kabir. And he knows it.

Lets hope he can realise that the country needs the undiluted truth to understand exactly where it is. For only then can the country know what must be done.

Ezajur Rahman
Kuwait

--- In alochona@yahoogroups.com, "Mohd. Haque" <haquetm83@...> wrote:
>
> I simply wonder how come Mahfouz Anam going against Hasina's mantra?
>  
> Whole lot of Awami League activists and supporters formed the bee line along the path their netri has laid out. Only thing in waiting how to take the matter against the 'liberation spirit'.
> I simply do not understand how an individual loose his/her sovereignty. well it seems we have learned it well from our netris - our mentor, our savior, our cultural and philosophical source. Man, we are lost!
>
> --- On Fri, 18/2/11, Isha Khan <bdmailer@...> wrote:
>
>
> From: Isha Khan <bdmailer@...>
> Subject: [ALOCHONA] Huge support for Yunus
> To:
> Date: Friday, 18 February, 2011, 2:31 AM
>
>
> Huge support for Yunus
>
> Former Irish president Mary Robinson has joined the development
> partners, prominent personalities and corporations in vowing to
> protect Nobel Laureate Muhammad Yunus from âpolitically orchestratedâ
> attacks.
>
> As many as 50 charities and public figures, including James
> Wolfensohn, former World Bank president, Jagdish Sharan Verma, former
> Chief Justice of India, and Yeardley Smith, a French born American
> actress, on Wednesday said Yunus and Grameen Bank have fallen victim
> to a campaign of misinformation, according to a statement of Friends
> of Grameen.
>
> Formed on February 11, 2011, Friends of Grameen is a voluntary
> association that aims to promote microcredit and social business,
> especially the microcredit activities of Grameen Bank and its
> affiliates.
>
> Mary Robinson, also former United Nations high commissioner for human
> rights, chairs the honorary committee while Maria Nowak, president of
> pioneering French microfinance institution ADIE, heads the executive
> committee.
>
> Prof Yunus, who shared the Nobel Prize with Grameen Bank in 2006, has
> been targeted with increasingly aggressive attacks by the government
> as well as his opponents following a Norwegian documentary, released
> in December last accusing him and the bank of malpractice.
>
> Grameen Bank denied all the allegations saying the issue had been
> amicably settled between the bank and the Norwegian government, one of
> its main donors, over a decade ago.
>
> âWe are deeply concerned by the ongoing attacks against Professor
> Yunus and Grameen Bank, that are politically orchestrated,❠said
> Robinson in the statement.
>
> She said while some micro lenders have become lucrative commercial
> enterprises, Yunus and Grameen Bank follow a sustainable model -- with
> very transparent and reasonable interest rates -- making the borrowers
> owners of the bank.
>
> Grameen Bank lends its clients at 20 percent interest rate, one of the
> lowest in Bangladesh where the industry averages between 20 and 30
> percent with some charging as high as 45 percent interest rate.
>
> "Because of the importance of such a role model, our duty is to
> protect the integrity of Professor Yunus and the independence of
> Grameen Bank," said Robinson.
>
> The statement comes after Finance Minister AMA Muhith called for Yunus
> to step aside from his position in the bank until the government's
> three-month-long probe finishes.
>
> In December last, Prime Minister Sheikh Hasina accused the Nobel
> laureate of treating Grameen Bank as his "personal property" and
> claimed the group was "sucking blood from the poor".
>
> There are about 1,200 micro lending organisations in Bangladesh,
> catering to over 3 crore clients, who do not have access to formal
> banking.
>
> http://www.thedailystar.net/story.php?nid=174549
>
>
> ------------------------------------
>
> [Disclaimer: ALOCHONA Management is not liable for information contained in this message. The author takes full responsibility.]
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>


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