Editorial
The High Court has spoken
Awaiting higher court verdict
The High Court has rejected Prof. Muhammad Yunus' writ petition against the Bangladesh Bank order relieving him of his position as managing director of Grameen Bank. On our part, we bow to the judgement of the High Court. As stated by Yunus' lawyer, there will be an appeal to the higher court whose adjudication and verdict we now look forward to.
It is a sad day not only for Yunus but also for the country as a whole. We have said earlier and we say again that the government could have handled the case against the Nobel laureate in a different way, a more civil way, a more decent way. The manner in which matters came to pass is deeply disturbing. It is the simple tale of an individual who, despite being the brightest face of Bangladesh in present times, has been subjected to inexplicable humiliation. Our assessment of Muhammad Yunus and his organization is simple: the man is not an ordinary man and Grameen Bank is not a run-of-the-mill institution. Yunus' contribution to Bangladesh has been extraordinary to a point where his role has been eulogized by the world outside our frontiers. He planted the seeds of a concept which today is an acknowledged anti-poverty measure across the globe. The Nobel Prize for Peace came to Yunus and Grameen because as MD over the last ten years, a period now deemed illegal by the HC, that concept had been perfected and made acceptable everywhere. Rare is the instance of an organisation at the national level, which Grameen is, coming by a Nobel. It is Yunus who achieved that feat and by so doing gave the world a positive image of Bangladesh.
There will certainly be more to dwell on where Yunus' battles are concerned. For the moment, though, we must not leave anyone in doubt about the fact that we have all been left befuddled by everything that has so far happened with and about Muhammad Yunus.
For all latest news, follow The Daily Star's Google News channel.
Comments