Since the order passed by the Hon'ble High Court of Bangladesh Supreme Court of Bangladesh, Dr. Yunus has been attending office which is a clear violation of the Court order. The Court has ordered that he has ceased to be in the position of Managing Director (MD) of Grameen Bank. Nevertheless, Dr. Yunus has been passing office orders, transferring people, shifting funds and taking action as MD which are all illegal now. Furthermore, he filed an appeal with the Appellate Division of the Supreme Court which has also been turned down. In spite of that he is still holding the office. How would other democratic governments take it whereas there is a clear violation of Court's order which amounts to contempt of court? What could the Government do now? The Government has not taken any action so far.
Upon request from Professor Yunus, the Finance Minister constituted a committee to look into the affairs of the Grameen Bank, which will soon be publishing reports. It may be recalled that Dr. Yunus himself invited an inquiry into the activates of Grameen Bank, immediately after the Norwegian media coverage. Later on, again on his request, the Finance Minister appointed a review committee composed of eminent persons all outside the Government to conduct the review. The Committee is acting independently and no one in the Government has any communication with them. After submission of the report, the Government will consider the recommendations.
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