Grameen founder Yunus has to quit: Court

Tue, 05 April 2011

17:13

Nobel laureate Muhammad Yunus has lost his final appeal in Bangladesh's Supreme Court against his sacking from the Grameen micro-finance bank he founded.

The bbc.co.uk reports that the court upheld the decision by the central bank to remove him from office.

The bank said Professor Yunus had been improperly appointed while past retirement age. But Professor Yunus said the attempt to remove him from the bank had been politically motivated.

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