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Bangladesh Politcians Raid Grameen Bank

You are here: Home / Blog / Politics / Bangladesh Politcians Raid Grameen Bank
Bangladesh (I visited it for a week last year) is, according to Transparency International, the third most corrupt country in the world. Small wonder that its judiciary primed by its politicians - it is sometimes difficult to tell them apart - moved this week to ensure Muhammad Yunus, founder of the Grameen Bank, was barred as a board director.

Muhammad Yunus won the Nobel Peace Prize for his work on micro-financing and his bank has helped over 8 million families - that's 8 million more than any Government - irrespective of party - has done in Bangladesh since independence back in the early 1970s.

And what has our Coalition Government said about this disgraceful event? Nothing. Once again we have a Foreign Office which is a disaster abroad. 


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