Yunus Center responds to Grameen Bank's allegations: clarification and rebuttal

Yunus Center responds to Grameen Bank’s allegations: clarification and rebuttal

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The Yunus Center protested the allegations made by Grameen Bank officials accusing Muhammad Yunus of money laundering during his tenure at the bank, calling them false, baseless and defamatory.

Information about the protest was given by Yunus Center through a notice sent to the media on Sunday.

During the press conference held on Saturday, Grameen Bank Chairman AKM Saiful Majid made several allegations against Yunus including money laundering. He alleged that while leading the establishment of institutions like Grameen Telecom, Grameen Kalyan and Grameen Fund, Yunus illegally withdrew crores of rupees from Grameen Bank.

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