Dr Yunus files bail petition in fund embezzlement case

Senior Staff Reporter Published: 3 March 2024, 11:09 AM
Dr Yunus files bail petition in fund embezzlement case
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Grameen Telecom Chairman Dr Muhammad Yunus has surrendered to a Dhaka court and sought bail in a case filed for embezzling Taka 25 crore from the fund reserved for the company workers.

His lawyer Abdullah Al Mamun submitted the bail petition to the court of Dhaka Metropolitan Sessions and Judge As-Shams Jaglul Hossain on Sunday morning. 

The lawyer himself confirmed the mater to Jago News. 

Earlier on February 1, the Anti-Corruption Commission (ACC) filed charge-sheet against Dr Yunus and 13 others in the case. 

The anti-graft body on January 29 approved the charge-sheet filed against Nobel Laureate Dr Muhammad Yunus, Grameen Telecom Managing Director Nazmul Islam, directors Ashraful Hasan, Naznin Sultana, Parvin Mahmud, Md Shahjahan, Nurjahan Begum and SM Huzzatul Islam Latifee, Sramik-Karmachari Union President Md Kamruzzaman and General Secretary Firoz Mahmud Hasan, office secretary Qamrul Islam, lawyers Zafrul Hasan Sharif and Md Yusuf Ali and representative Md Mainul Islam.

ACC on May 30, 2023, filed the case with its Dhaka-1 integrated district office.

According to the case documents, a decision was made on the company's 108th board meeting, presided over by Dr Yunus on May 9, 2022, to open a bank account at Gulshan branch of Dhaka Bank Limited. But it was found that the account was opened a day before the decision was even made.

More than Taka 26 crore was transferred to the account on different occasions, as per 'fake settlement agreements' and decision of the board. But before even distributing the share of the company's profit to the workers, and letting them know, the accused embezzled around Taka 25 crore from the fund.