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Tuesday, May 22, 2012

[ALOCHONA] Re: Dr. Yunus - Not the Founder of Grameen Bank

Dear Alochoks

Does anyone know if this article was published in any newspaper?


Regards

Ezahjur Rahman
Kuwait


--- In alochona@yahoogroups.com, "ezajur" <Ezajur@...> wrote:
>
> Modasser
>
> We can tell a lot about you from this article that you have chosen to
> forward.
>
> No doubt you thought it was a pretty smart article. Maybe you know
> Rahaat and assumed it must be a good article.
>
> Most probably, anything against Dr Yunus is worthwhile because it will
> please your Nethri.
>
> What Rahaat has written is absolute rubbish. It is appallingly crafted, politically motivated and prejudiced in every way.
>
> I shall kick it to pieces like the shabby rag that it is as soon as I
> can be bothered.
>
> The fight is on.
>
> Ezajur Rahman
>
> Kuwait
>
>
> --- In alochona@yahoogroups.com, "Dr. Mahmud Hasan" <mail2mahmud@>
> wrote:
> >
> > What a wonderful writing!! To say the last paragraph .. title is "Dr.
> Yunus - Not the Founder of Grameen Bank".
> >
> > I respect all and also respect Prof. Yunus. So true "This is really a
> misfortune for the whole nation"
> > Have a nice day,
> > MahmudÂ
> >
> >
> > ________________________________
> > From: Modasser Hossain bolonhome@
> > To:
> > Sent: Tuesday, May 22, 2012 9:11 AM
> > Subject: [ALOCHONA] Dr. Yunus - Not the Founder of Grameen Bank
> >
> >
> > Â
> >
> > Â
> >
> > Dr. Yunus - Not the Founder of Grameen Bank
> >
> > Â
> > -Rahaat Khan
> > Â
> > Â
> > Dr. Yunus’s case related to Grameen Bank is now pending with
> the Supreme Court. The hearing is adjourned for two weeks from 15th
> March, 2011. Naturally, any opinion on this sub-judiced matter is
> prohibited in the eye of law. Hence, I will only put forward some of my
> personal observation on Dr. Muhammad Yunus and his activities.
> > Â
> > A man of high esteem, Dr. Yunus has definitely glorified our nation
> for his Nobel Peace award. And we, being Bangladeshis feel proud of him.
> But there is a slight misnomer with his reputation. Dr. Yunus is
> frequently recognized as the founder of Grameen Bank. But the fact does
> not entirely go with this. The Government of Bangladesh has constituted
> this specialized bank in 1990 in purview with the existing rules of the
> land and under the provisions and supervision of Bangladesh Bank. As
> such, Dr. Yunus may, by large, be considered as the founder managing
> director of the said bank, not the founder. Any way, he is all in all in
> the Grameen Bank and his hilarious effort in marketing this bank is
> enormous. Like many other, it also strikes me that why Dr. Yunus was not
> interested to have a successor although there was a heresy that for
> sometime, Khaled Shams, a renowned banker was deemed to the next role
> leader. But in one fine morning Mr. Shams was removed
> > from this bank and also it was not clear whether he was engaged in any
> of Grameen’s projects. Anyway, the next name we came across was
> some Dipal Borua but that too been a faded name for a long while. No
> doubt, Dr. Yunus’s contribution to the Grameen Bank is
> fathomless. But it is also an undeniable fact that an institution
> requires a generation of successive leadership for its sustenance. But
> we did not spot Mr. Yunus being attentive to this at all. Why? This may
> be better known to him but my understanding along with many others
> slates this not as a failure on Dr. Yunus’s part to realize it
> rather the very wish of life long governance over the institution of
> even the intention of doing whatever he feels like with this specialized
> bank.
> > Â
> > This is a common place that everyone retires after a certain period of
> service. But the very effort of Dr. Yunus testifies that he wants a life
> time managing directorship for Grameen Bank. Seemingly, his departure
> from this grand comradeship will husk a griddling fate to 80 lakh poor
> people. Mr. Yunus is now 71. Does every death spare any Nobel laureate?
> If so be the fact, and also the fact remains Dr. Yunus’s absence
> from Grameen Bank, shatters the fate of 80 lack poor people, naturally
> people should witness his immortality for the sake of Grameen Bank and
> the poor. But is that possible?
> > Â
> > Defying all these Dr. Yunus requires to be on top of the Grameen Bank.
> It isn’t only because of the dignity of this Nobel laureate, but
> to the best of my knowledge, rather because of many inter and intra
> continental trade conglomeration. Okay, there is no harm in such
> strategic partnership. But many indicates on the unfair pledge
> especially where any specialized financial institution like Grameen Bank
> enjoys the provision of non-compliance collateral or equity principles
> and tax rebate. As such it earned an unequival competitive advantage to
> override other similar businesses in the market for which it was not
> meant, rather, the special arrangements on part of the regulators came
> out of the belief that micro financing and micro credit would be an
> epitome to relieve poverty. But what our experience narrates is nothing
> but the tale of an ugly game. When it is expected that Dr. Yunus being a
> Nobel laureate would do justice to his own dignity more
> > specifically when the awards goes for peace making. But it
> didn’t go along that line. Mr Yunus didn’t off shoulder
> his responsibility until he was officially removed by the Bangladesh
> Bank. Some Western allies including the Friends of Grameen started
> lobbying and seemed to be very much resolutative for holding his
> position as MD of the Grameen Bank. Disaster without Yunus!
> > Â
> > Now, the question is, whose disaster the allies think it to be?
> Anyway, I restrain myself from commenting on that. Just to raise a
> little point on the validity of the policy statements of an institution
> which claims to have a pivotal role in poverty alleviation where the
> interest rate is 35 to 40 per cent and more interestingly these loan
> arrangements are triggered towards to the people living below the
> poverty line. Doesn’t it sound like an impractical imagination?
> As if a fool dwelling in a paradise! Against this backdrop of Grameen
> Bank, there are many NGOs in Bangladesh (e.g. BRAC, PROSHIKA, Nijera
> Kori, KARITAS etc.) which have a long legacy of success story on issues
> like poverty alleviation, reducing child mortality and pregnant women,
> population control, women empowerment, development of sanitation in
> rural and slum areas etc. Does the Grameen Bank record any visible
> contribution to the above-mentioned programmes or areas with its
> high-rated
> > interest provision? Then, it is not an exaggeration or over-statement
> that the Grameen Bank effort was more focused on financial transaction
> based on a mercenary-like attitude and style than effective poverty
> alleviation.
> > Â
> > Despite all these, Dr. Yunus was awarded Nobel peace price for his
> `contribution’ to poverty alleviation and helping reducing the
> threat of anarchy due to extreme poverty in society thus bringing smiles
> to millions of faces in rural Bangladesh. This Nobel price in fact
> struck many conscious minds. A man who has never uttered a single word
> protesting against the 1971 genocide by Pakistan, rather stayed in USA
> to remain in safe zone; who has always kept aloof during natural and
> political calamities in Bangladesh (only except the post one-eleven
> incident). Rather, it is him, the man who has little visible
> contribution to poverty alleviation rather but for conceptualizing micro
> credit to the poor with an enormous interest rate and thus became a
> mercenary Dr. Yunus who has been awarded the Nobel Peace price for
> peace? What else could this be called than just doing a mimic to peace
> by the Nobel granting committee? I have always praised Mr. Yunus as a
> > successful entrepreneur; however, I still have some reservations and
> queries regarding him:
> > Â
> > A Bangladeshi by birth, why Dr. Yunus never has visited our national
> mausoleum in Savar, or shrine of the Father of the Nation Bangabandhu
> Sheikh Mujibur Rahman? Nor have we ever seen him saying anything
> regarding Bangabandhu. His snobbish attitude and disregard to
> Bangabandhu and all glorious achievements of Bangalee nation hurt me the
> most. Should such a personality deserve respect? Moreover, the man who
> intended to brand all politicians as corrupt during the post one-eleven
> scenario; and who consented to take responsibility of ruling the country
> but with an assurance for 10-year stay in power has been much downgraded
> from his dignity and esteem. Time will say what will be the legal fate
> of Dr. Yunus. But Mr. Yunus, you have lost much of the glare of a Nobel
> laureate by now. This is really a misfortune for the whole nation.
> > Â Â
> > Â
> > Â Â Â
> >
>




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