Nobel Peace Prize winner flirted with a political career, but his ambitions were widely viewed as having sparked the ire of now-departed PM Sheikh Hasina, who accused him of ‘sucking blood from the poor’
Known as the 'banker to the poor', Muhammad Yunus and the Grameen Bank he founded won the 2006 Nobel Peace Prize for helping to lift millions of Bangladeshis from poverty. Photograph: Mahmud Hossain Opu/APKnown as the “banker to the poor”, Yunus and the Grameen Bank he founded won the 2006 Nobel Peace Prize for helping to lift millions from poverty by providing tiny loans of sums of less than $100 to the rural poor who are too impoverished to gain attention from traditional banks.
In 2011, Hasina’s government removed him as head of Grameen Bank, saying that at age 73, he had stayed on past the legal retirement age of 60. Thousands of Bangladeshis formed a human chain to protest against his sacking. “Bangladesh doesn’t have any politics left,” Yunus said in June, criticising Hasina. “There’s only one party which is active and occupies everything, does everything, gets to the elections inHe told Indian broadcaster Times Now that Monday marked the “second liberation day” for Bangladesh, following the exit of Hasina, a reference to the country’s 1971 war of independence from Pakistan.
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