Business

Bangladesh Supreme Court moves Yunus appeal to 4 April

  • 29 March 2011
  • From the section Business

Bangladesh's Supreme Court has delayed hearing the appeal by Nobel laureate Muhammad Yunus against his dismissal from Grameen Bank.

It will hear the case on 4 April, the second time it has delayed the hearing.

It comes after the High Court upheld the central bank's decision to sack Professor Yunus, who founded Grameen.

He is widely credited with pioneering the microfinance concept of lending small amounts of money to the poor.

Professor Yunus, who is 70, was removed as head of the bank on the grounds that he had stayed past the legal retirement age of 60.

He has had a tense relationship with the Bangladeshi government ever since he tried to set up a new political party and enter politics in 2007.

His supporters say his sacking is politically motivated, something the government denies.

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites