Nobel laureate Muhammad Yunus to head interim government in Bangladesh

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Nobel laureate Muhammad Yunus to head interim government in Bangladesh
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Army to hold talks with political parties on forming interim government after PM Sheikh Hasina fled country

Muhammad Yunus is is the founder of pioneering microlender Grameen Bank and one of Bangladesh’s most prominent figures. Photograph: Mahmud Hossain Opu/APThe announcement came from Joynal Abedin, the press secretary of President Mohammed Shahabuddin.

Ms Hasina, who governed the country for two decades in total over two periods in power, was ousted with startling speed on Monday after weeks of violent protests over an unpopular job quota scheme swelled into a youth-led movement that demanded she step down. “We have spoken to Dr Muhammad Yunus and, at the call of the students and to protect Bangladesh, Dr Muhammad Yunus has decided to take on the responsibility.”Dr Yunus , who won the Nobel Peace Prize in 2006, is the founder of pioneering microlender Grameen Bank and one of the south Asian country’s most prominent figures.

According to some reports, Ms Hasina plans to seek refuge in the UK, where her niece, Tulip Siddiq, is an MP with the ruling Labour Party and serves as economic secretary to the treasury.

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