ACC sues Dr Yunus over money embezzlement

The Anti-Corruption Commission (ACC) has filed a case against Nobel laureate Dr Muhammad Yunus, and 12 members of the board of directors of Grameen Telecom over allegations of embezzling money from workers.

The anti-graft watchdog found proof of embezzling Tk25.22 crore by the board of directors during its investigation. 

Earlier, the ACC formed a three-member panel to investigate the four members of the board of directors of Grameen Telecom, including Nobel laureate Dr Muhammad Yunus, over the allegations.

Additionally, the commission also sent a letter to the CEO and managing director of Grameen Telecom to provide a financial statement.

ACC Secretary Mahbub Hossain said that there are allegations against the four directors of the Grameen Telecom board regarding a transfer of about Tk3,000 crore to various affiliate organizations.