Our companies have been taken over, we are in a precarious situation: Dr Yunus

Our companies have been taken over, we are in a precarious situation: Dr Yunus

Nobel laureate Dr Muhammad Yunus alleged that Grameen Bank has forcefully taken over their eight of their companies and is running these at their will.

He said they sought remedy from the police but received no cooperation.

Dr Yunus raised the allegation at a press conference at Grameen Telecom Bhaban in Mirpur, Dhaka on Thursday.

Grameen Telecom managing director Nazmul Islam and Grameen Kalyan managing director AKM Moinuddin Chowdhury were also present at the briefing.

The Grameen Telecom Bhaban houses 16 different companies and Dr Yunus is chairman of all of them.

At the press conference, Dr Yunus said eight offices housed in Grameen Telecom Bhaban have been taken over by Grameen Bank on 12 February.

“They have locked up the building since that day. How you would feel when someone locks your house. So, why does the court and law exist in this country? These people do not want to go to law. We have seen many calamities but never experienced such a predicament,” he added.

“How does the country run in this way. Broom processions are being brought out against us,” Dr Yunus said adding, that they would go to court.

Replying to a query, Dr Yunus said these companies are built on the profit of their business, not on the Grameen Bank’s funds. Everything has been done per law, he added.

 

He said, ‘We have gone through many obstacles but we never faced such a situation.’

‘I am in a terrible situation. We have made this building; it is the seed bed of our dreams. But, suddenly four days ago some outsiders came and started usurping and now we have become outsiders at our own place,’ Dr Yunus added.

‘I have sought help from the police. But they did not find any problems here!’

Dr Yunus said, ‘The outsiders are now asking for our identity to let us enter our own office. This is the outcome of working for the welfare of the people of the country.’

‘Let there be a case. We have many ongoing cases and we will deal with this one too. But, why has the office been locked? I am seeking justice from people of the country,’ he said.

Dr Yunus said they were not getting any help from the government in this regard.

Earlier on the day, a group of unidentified men and women blocked the entrance to the Grameen Telecom Building.