Buy.com Monthly Coupon
Showing posts with label Nobel laureate. Show all posts
Showing posts with label Nobel laureate. Show all posts

Thursday, August 08, 2024

Worries in Delhi grow if Yunus demands extradition of Hasina

SALEEM SAMAD

The delay in ousted Prime Minister Sheikh Hasina seeking asylum or stay in destination to North America, the United Kingdom or Europe, has caused the elites in India’s South Block and Indian Prime Minister’s Office in New Delhi to bite their nails.

Every day passes, Delhi is getting jittery for the unwelcome VVIP guest, who arrived unnoticed on a special military flight from Dhaka to Hindon Air Base in Ghaziabad, near the Indian capital Delhi.

On August 5, Sheikh Hasina flew in a helicopter from the Prime Minister’s official residence Gonobhaban to Kurmitola Air Base. She departed on a Bangladesh Air Force C-130J transport aircraft (Flight No. AJAX 1431) and flew her to India.

After a safe landing at 5:45 PM, Hasina’s transport plane landed at Hindon Airbase in Ghaziabad. Indian National Security Advisor Ajit Doval received her upon arrival and held an hour-long meeting high-level discussion. The agenda mostly centred around the current crisis in Bangladesh and her immediate plans.

Sheikh Hasina, the longest-serving woman prime minister in the world was elected to power for a fifth term only seven months ago in January. Her uninterrupted 15-year tenure as Bangladesh’s Prime Minister came to a dramatic end on August 5, when she fled the country amidst a mass street uprising of students and also joined by millions of people.

The unrest, which began with protests over job quotas on 1 July and escalated into calls for Hasina’s resignation, reached a tipping point with violent clashes in the first week of August.

The police and ‘Helmet Bahini’, armed vigilant gangs recruited from Awami League killed at least 400 people in the streets during the Red Revolution which lasted for the last six days of the student protests.

Hasina promoted her nephew General Waker-Uz-Zaman as the chief of the Bangladesh Army keeping in mind that she would protect her and her autocratic regime.

The military chief declared Hasina’s resignation in a national broadcast and stated that the military would establish a caretaker government to restore order. He also announced the formation of an interim government.

Hasina was the first leader and head of government who fled the country to avoid the wrath of the angry students and the public.

The following day, External Affairs Minister S Jaishankar convened an all-party meeting to discuss the Bangladesh crisis. The meeting was attended by Defense Minister Rajnath Singh, Home Minister Amit Shah, Leader of Opposition Rahul Gandhi, and Mallikarjun Kharge.

Jaishankar said the government is in a “wait-and-watch” mode, but hands-on and in touch with the Bangladesh Army. He said Sheikh Hasina’s presence in India is a courtesy move to ensure she settles down, recovers, and feels comfortable enough to discuss her plans.

He also described that Hasina is in a state of shock and the government is giving her time to recover before it speaks to her over various issues, including her plans.

Jaishankar told the Indian parliament that Hasina has “requested at very short notice” to come to India following her forced resignation as Bangladesh Prime Minister.

The parliament was informed that an estimated 19,000 Indian nationals of which about 9,000 are students. The bulk of students returned in July.

Indian foreign minister also referred to an address by Bangladesh Army chief General Waker-uz-Zaman – made last Monday, shortly after Hasina stepped down – in which he said, “I have met opposition leaders… we have decided to form an interim government…” and appealed for the violent protests to end.

The interim government headed by Nobel Laureate Dr Mohammad Yunus arrived in Dhaka in the afternoon (Thursday) and took the oath of office in the evening. He also announced a 15-member Adviser in his interim government.

For the restoration of democracy, a tentative date of election will be announced by the inventor of micro-credit.

Earlier, in an exclusive interview with NDTV from Paris, where Yunus attended as a Special Guest at the Paris Olympics and had a minor operation a vile warning that “India’s north-east, Myanmar will be affected if Bangladesh becomes unstable.”

Yunus for the last 12 years faced several legal harassments and was even awarded six months imprisonment in a labour case.

Several times, Hasina humiliated Yunus and even said he is a “bloodsucker” and profits from exorbitant loan interests from disadvantaged rural women.

She blamed Yunus for jeopardising the financial support of the World Bank for the construction of the mega project, the Padma Bridge. In a hate speech, at the inaugural event of Padma Bridge, said she wished to dip the Nobel laureate and ailing former Prime Minister Khaleda Zia into the yawning Padma River.

Hasina has nowhere to go in the next several weeks, she will stranded in a guest house on the outskirts of Delhi and India feel embarrassed to have her for long, which possibly dent the renewed bilateral relationship between two neighbours – Bangladesh and India of emerging new government under the rule of Prof Muhammad Yunus.

Several political observers understand, that Yunus after holding the reign of Bangladesh, is likely to appeal to global leaders to urge India to deport Hasina to stand trial for crimes committed against the people during her 15 years of repressive rule.

If Delhi bigwigs do not concede to Yunus’s appeal to send back Hasina, not only bilateral relations and trade would be affected, but would also would spark an anti-India campaign resulting in a call for ‘Boycott India’ and would also more persecution against Hindus in Bangladesh, which will difficult for the interim government to neutralise.

First published in The Northeast News, Guwahati, India on 8 August 2024

Saleem Samad is an award-winning independent journalist based in Bangladesh. A media rights defender with the Reporters Without Borders (@RSF_inter). Recipient of Ashoka Fellowship and Hellman-Hammett Award. He could be reached at saleemsamad@hotmail.com; Twitter @saleemsamad

Sunday, July 28, 2024

Why does Prof Yunus demand a mid-term election in Bangladesh?

SALEEM SAMAD 

In a bombshell opinion, the country’s lone Nobel laureate Professor Muhammad Yunus has reached out to world leaders, including the Indian government to restore democracy in Bangladesh.

In an exclusive interview with India’s prestigious daily, The Hindu, Yunus suggested that Bangladesh should hold a mid-term election within a ‘short time’ to overcome the crisis by restoring democracy with a public mandate. Democracy laid down all solutions.

Prof Yunus, inventor of social business and pioneer in micro-credit for the poor, appealed for the international community, particularly India, to reach out to Bangladesh Prime Minister Sheikh Hasina to call for calm. India and Bangladesh are historical friends and should urge to restrain from committing crimes against the people, he remarked.

Dr Yunus condemns the killing of students and the common public as an ‘invading force’ from another country. We see police firing innocent students raising their hands and shooting at close range because they have the power to shoot to kill. That’s what we see, he said.

Regarding the recent student protest in Dhaka, the economist condemned the killing of students and innocent people by the police, paramilitary and army.

“The issue is democracy, the rule of law, human rights, and the role of the judiciary. People have the right to express their views and the Government has no right to kill them for their views,”

Angered by the law enforcement exercise of excessive force to quell the student protest, he said, “Demonstrators were not out there to kill anybody. Their demand may be unpleasant to the government, but that doesn’t allow the government to shoot them to kill.”

The Noble Laureate appealed to the world leaders to observe the random killing in Bangladesh. He urged all members of South Asian countries to investigate the recent incidents in Dhaka as neighbouring countries.

Dr Yunus is hopeful that global leaders can use their informal relationships and informal channels to restrain our leaders and make them aware of the serious departure from the norm of democracy.

Without dubbing Bangladesh as governed by an autocratic regime, he questioned the legitimacy of the government of Sheikh Hasina, which held three sham elections sans the opposition to participate in the elections – which lacks the credibility of inclusive elections.

Yunus, literally rubbed salt into the wound, for reaching out to global leaders to ensure calm in Bangladesh has irked the government.

The government in a loud voice said Yunus’ rhetoric at the time of “ferocity of the crisis” this month has been deemed as an “anti-state” statement.

“Of course, the election is the ultimate solution to all political problems. When something doesn’t work, you go back to the people to seek their instructions.

They are the ultimate owners of the country. Make sure it is a genuine election, not an election of a magician,” Prof Yunus spoke to Suhasini Haidar, Diplomatic Affairs Editor of The Hindu from the French capital, where he was attending as a special guest at the opening ceremony of the Paris Olympics.

“Whether you’re freshly elected or you’re not elected, or you are abusing your position without the consent of the people, does not matter in a democracy. You are a government responsible for protecting people, not killing people. You cannot just pick up somebody because he belongs to the opposition party, so he is liable to be arrested,” he retorted.

Yunus did not hesitate to ask, why the army is tackling students. Pointing his finger at Hasina, he said that democracy can’t flourish with a magician.

“Why do you have to bring in an army to tackle the student demonstration? Now you say, there are some enemies inside. Who are those enemies? Identify them and deal with them, not by killing students,” added Dr Yunus.

Yunus, despised by Hasina, mentioned that the people in Bangladesh have committed themselves to democracy and to stay with democracy.

If democracy fails, Dr Yunus believes that the politicians should go back to the people again to get the mandate of the people, credibility of the people, the government doesn’t have any credibility left at this moment.

Hasina won a fourth consecutive term amid controversies after the main opposition party and allies boycotted the election in January this year. Her tenure will go down with Guinness World Records for becoming the longest-serving woman prime minister in the world.

In the latest “block raid”, over 9,000 people were arrested including leaders of the opposition Bangladesh Nationalist Party (BNP) and Islamist party Jamaat-e-Islami (JeI) for allegedly spearheading recent street violence, vandalism and arson of government properties, including two pride mega-projects and several government buildings.

BNP Secretary General Mirza Fakhrul Islam Alamgir alleged that the arrested leaders, members and supporters of the opposition are being tortured and maimed before being brought to court and are being tortured again after obtaining remand orders.

The challenger of Hasina also urged the government to “Get the people’s mandate, freely and fairly. That’s it. Democracy cures problems by getting people’s instructions because the state belongs to the people, not to some people in the government.”

In the interview with eminent Indian journalist Suhasini Haidar, the economist claimed that Bangladesh authorities have been suppressing the locals with bullets alike foreign forces evading from another country.

“I cannot bear to see it, I can’t see millions of Bangladeshis living in terror. Democracy puts people’s lives as the highest priority. Democracy is about protecting people, all people, irrespective of religion, political opinion, or any other differences of opinion. If a citizen is about to kill another person, the state’s first responsibility is to protect the person under attack,” he said criticising the incumbent regime in Dhaka.

Meanwhile, fourteen missions in Dhaka, the United States, the United Kingdom, France, Germany, Italy, Spain, the Netherlands, Canada, Switzerland, Sweden, Denmark, Norway, Australia and the European Union (EU) in a joint letter to Foreign Minister Hasan Mahmud, urged the protection of human rights and fair trials for those arrested in the wake of last week’s violent clashes.

On the other hand, India and China have stated that this is an internal affair of Bangladesh.

First published in Northeast News portal, Guwahati, India, 28 July 2024

Saleem Samad is an award-winning independent journalist based in Bangladesh. A media rights defender with the Reporters Without Borders (@RSF_inter). Recipient of Ashoka Fellowship and Hellman-Hammett Award. He could be reached at saleemsamad@hotmail.com; Twitter (X): @saleemsamad


Wednesday, February 10, 2021

Checkmate for Suu Kyi

Her failure to own up to the crackdown on the Rohingya has sullied her reputation

SALEEM SAMAD

A military coup in Myanmar was imminent for two reasons, which immediately invited widespread protests within the country and international condemnation.

First, the Tatmadaw (Myanmar army) since they took the reign of the country in 1962 failed an “election engineering” plan in favour of a pro-military political party. Secondly, Nobel laureate Aung San Suu Kyi gained popularity which brought her confidence in further reforms to democratize the nation, which the military generals were watching with frowns.

Suu Kyi, who spent 15 years under house arrest in the struggle to bring democracy to Myanmar, has been detained along with other leaders of her political party in a military coup.

Meanwhile, the anti-military coup protests swell in Myanmar, and riot police battle demonstrators in Myanmar’s capital Naypyidaw and cities and towns across the country.

The supporters of Suu Kyi, leader of the pro-democracy National League for Democracy (NLD), call for a campaign of civil disobedience -- amidst a blockage of Facebook, fearing further anti-military street protests.

The Buddhist monks, doctors, nurses, teachers, have openly joined protests against the Myanmar coup, which has surprisingly grown louder every hour, since the military coup on February 1.

Myanmar has been a country of military coups and military rule -- shortly since independence from British colonialists in 1948.

In an uneasy power-sharing agreement in 2008, the military made a political partnership in running the country. The army had 25% of the seats in parliament.

Well, the 2015 elections established the road to democracy and installed the first civilian government after 50 years of global isolation and a ruthless military regime.

The February coup derails years of Western-backed efforts to establish democracy in Myanmar, where neighbouring China also has a powerful influence.

China was conspicuously silent in condemning the military coup, which occurred hours before parliament was due for the maiden session since the NLD’s landslide win in a November 8 election.

China was sceptical in strengthening bilateral relations with Myanmar, keeping Suu Kyi in power.

Suu Kyi’s party, the NLD won 396 seats out of 476 in the upper and lower houses of parliament, which has been interpreted by political observers as a referendum on Suu Kyi’s fledgling democratic rule.

Well, the main opposition party, the military-aligned Union Solidarity and Development Party (USDP), bagged only 33 seats (nearly 7%) in the last elections, eight fewer seats than in 2015.

In response to military chief General Min Aung Hlaing’s claim that the November poll was an “election fraud,” however, Myanmar’s Union Election Commission rejected the claims of voter fraud.

The defenders of democracy fear that Myanmar’s army is likely to scrap the constitution, despite the army chief Gen Hlaing saying the 2008 constitution was “the mother law for all laws” and should be respected.

Its guarantee of military power makes the constitution a “deeply unpopular” document, according to Yangon-based political analyst Khin Zaw Win.

On top of the military junta’s strings of accusations against the pro-democracy leader, Suu Kyi is already accused of ethnic cleansing and genocide of the ethnic Rohingya Muslim population, which the United Nations said had “the hallmarks of genocide.”

She took the responsibilities for the infamous military crackdown on the Rohingya and denied genocide at the International Court of Justice in The Hague, and explained the claims as “incomplete and misleading.”

Soon after shouldering responsibilities of the Myanmar military, Suu Kyi fell from the grace of world leaders and as an icon of democracy, primarily because she mishandled the crisis when more than a million ethnic Rohingya fled the restive Rakhine state into neighbouring Bangladesh in 2016 and 2017, which the United Nations dubbed as a “textbook ethnic cleansing.”

While still hugely popular at home -- the daughter of the independence hero Aung San (who was assassinated in 1947) -- her international reputation has been damaged after she failed to stop the forced expulsion of hundreds of thousands of Rohingya from the western Rakhine State in 2017.

To judge whether she has failed the world, the democratization of the country, or is a saviour of the nation from the yoke of the military, is a matter of time.

First Published in the Dhaka Tribune, 10 February 2021

Saleem Samad is an independent journalist, media rights defender, recipient of Ashoka Fellowship and Hellman-Hammett Award. He can be reached at saleemsamad@hotmail.com. Twitter @saleemsamad

Monday, July 20, 2020

Will a vaccine save the economy?

covid-19 vaccine

SALEEM SAMAD
Development Economist Dr Atiur Rahman sharing his mind said that once the availability of the coronavirus vaccine becomes a reality, the world economy will recuperate and Bangladesh will also make a dramatic turn-around.
However, a challenge remains of generating new employment and regenerating the labour market. The challenge could be bridled with a long and short term economic preparation, by an energetic team of planners and social managers selected.
The government has to develop a recovery plan of action to generate jobs and employment in both formal and non-formal sectors, says Atiur Rahman, a former governor of Bangladesh Bank.
Atiur says the expectation from the discovery and availability of the coronavirus vaccine has increased exponentially.
Meanwhile, over 100 influential global leaders have joined Nobel laureate Muhammad Yunus after he launched an international campaign to make the Covid-19 vaccine a global common good.
The campaign on behalf of Nobel laureates and organizations of Nobel laureates, civil society leaders, and world moral leaders urged all the global leaders, international organizations, and governments to adopt legal measures and declare Covid-19 vaccine as a part of the global domain.
What the founder of the “bank for the poor” meant was that the vaccine should be available at a cheaper price for the developing countries, but not for the West only.
As the Covid-19 pandemic continues to wreak havoc across mother earth, there is an explosion of research activities and clinical trials to find cures and vaccines, says Prof Yunus.
The platform urged the World Health Organization (WHO) to design a World Action Plan on the Covid-19 vaccine and appealed to set up an international committee responsible for monitoring the vaccine research.
The research for a vaccine is a long process. The estimated time for the development of a Covid-19 vaccine is about 18 months or so.
Prof Yunus’s campaign has received pro-active responses from more than 25 Nobel laureates, scores of former presidents, former PMs, creative artists, social justice activists, business leaders, leaders of international organizations, academics, and hosts of political and faith leaders from all the continents.
Obviously, private sector research laboratories engaged in the development of vaccines will be expecting a return on their investments. The research results should be in the public domain, making it available to any pharmaceuticals that pledge to produce vaccines under strict international regulatory supervision.
Prof Yunus believes that if the vaccines are free from patent rights, the price will be affordable in the third world. Most of the developing countries’ hospitals are overwhelmed providing health care to coronavirus patients on their shoe-string budget.
The pandemic exposes the strengths and weaknesses of health care systems in different countries, as well as the obstacles and inequalities of access to health care.
Therefore, the campaign understands the cash-strapped developing countries will not be able to buy the vaccine in bulk. The global leaders demand that the availability of vaccines is a right and there must be free universal access to the vaccine for all.
Governments, foundations, international financial organizations like the WB, and the regional development banks have been urged to develop a strategy on how to make the vaccine available free of cost to inhabitants from all walks of life, be they from urban or rural areas, men or women, or living in rich or poor countries.
The campaign underpins the moral responsibility of the global leaders to develop an unambiguous procedure to determine what would be a fair level of this return in exchange for putting the vaccine in the public domain.

First published in the Dhaka Tribune, 20 July 2020

Saleem Samad is an independent journalist, media rights defender, and recipient of Ashoka Fellowship and Hellman-Hammett Award. He can be reached at saleemsamad@hotmail.com

Monday, October 21, 2013

The never-ending trial of Nobel laureate Professor Muhammad Yunus

RASHIDUL BARI


Muhammad Yunus is the first person since Dr Martin Luther King Jr to achieve the trifecta of the Nobel Peace Prize, the US Presidential Medal, and the US Congressional Medal. However, Prime Minister Sheikh Hasina of Bangladesh put him on trial for a second time. The prime minister alleged that Yunus had received his earnings without the necessary permission from the government, including his Nobel Peace Prize earnings and the royalties from his books. This trial has puzzled billions of people around the world, from 8.3 million underprivileged women of Grameen Bankto President Barack Obama. Who is right: the leader of his own country or the leader of the free world? To answer this, we need to look at the first trial. 

Prime Minister Hasina launched the first trial against Yunus in December 2010, one month after the release of Caught in Micro Debt, a documentary by Tom Heinemann. Screened on Norwegian television on November 30, 2010, the film broadcast the allegation that Yunus stashed approximately $100 million in 1996 into Grameen Kalyan, a sister company of Grameen Bank. After completing a full investigation, the Norwegian government found Yunus innocent. However, Prime Minister Hasina used the situation as an excuse to increase a sustained attack on Yunus. She fired him from Grameen Bank, citing that he was older than the mandatory retirement age of 60, even though nine of the bank's directors-who were elected by 8.3 million Grameen Bank borrowers-allowed him to stay on the job after he had crossed that threshold. Many people thought the prime minister would not take further damaging action against Bangladesh's only Nobel Laureate, yet she continued her assault on Yunus and Grameen Bank. She brought more pressure against Grameen Bank by reducing the power of the bank's directors and breaking the bank into nineteen pieces. However, in September 2013, her mission to destroy Yunus took an even more drastic turn: She decided to put him on trial again. Yunus has challenged the allegations against him and has claimed that they are baseless, politically motivated charges. The Obama administration urged the Prime Minster to treat Yunus in a fair and transparent manner. 

Prime Minister Hasina's political vendetta against Yunus could be understood as a modern-day replay of the famous conflict between Archimedes and General Marcellus. Roman soldiers killed Archimedes because, instead of meeting with General Marcellus, he said, "Don't disturb my circle." In a similar reactionary spirit, Hasina, who labeled Yunus as a "blood sucker of poor people," unleashed her entire regime to destroy Yunus just because he asked her not to disturb his Grameen Bank. 

Yunus not only founded Grameen Bank but also nurtured it with his world-acclaimed, highly influential concepts of microcredit and social business. Yunus formulated microcredit in 1974 as an innovative idea to spur entrepreneurship among underprivileged people. In 1981, he formulated social business as a visionary new dimension for capitalism. In my new book Grameen Social Business Model, I show how these two concepts started as theories yet have evolved to become practices adopted by leading universities (e.g., Glasgow University), entrepreneurs (e.g., Franck Riboud), and corporations (e.g., Groupe Danone) across the globe. 

Yunus believes that people who are poor can achieve success if they have access to microcredit. That does not mean that microcredit is the perfect remedy to end all poverty; however, it seems to be the best option available. In a sense, microcredit is like education; one can succeed only if he or she puts in the extra effort. Simply building more schools in remote villages will not educate everyone. By the same token, Grameen Bank does not turn everyone into a successful person. Yet a microcredit loan may indeed increase an individual's chances of rising out of poverty. For example, Taslima Begum, who lives in Shibganj Upazila, took out a loan worth Tk 1,500 from Grameen Bank in 1991 to help her husband run a mechanic's shop. The couple are now self-reliant. Begum received the Nobel Peace Prize on behalf of Grameen Bank from the chairman of the Norwegian Nobel Peace Prize Committee, Ole Danbolt Mjoes, at Oslo City Hall on December 10, 2006. Begum was merely 1 of 8.3 million borrowers; thus, we get a sense of how Grameen Bank successfully empowers women. Yunus and Grameen Bank's 8.3 million borrowers became a family. For the last three decades, they worked together, prayed together, struggled together, attacked poverty together, and even won the Nobel Peace Prize together. Hence, Yunus refused to allow Prime Minister Hasina to break Grameen into nineteen pieces, much the same way Archimedes refused to leave his beloved circle. 

Roman soldiers killed the father of mathematics because they were ignorant; they thought meeting with General Marcellus was more important than contemplating a geometric circle. Do Prime Minister Hasina's actions mirror this ignorance? Regardless, three factors contributed to her brash decision: the Nobel Peace Prize, hingsha, and politics. 

First, Prime Minister Hasina did not agree with Yunus winning the Nobel Peace Prize; she thought that the Norwegian Nobel Peace Prize Committee would award it to her for signing a peace treaty, the Chittagong Hill Tracts (CHT), in 1997. Second, Hasina experienced hingsha, which is a Bangladeshi word meaning jealousy or hatred. As Yunus won more awards and became more famous, Hasina feared his reputation would soar above that of her father, Shikh Mujib. Third, in an interview with the AFP news agency in 2007, Yunus remarked that politicians in Bangladesh work only for money, saying, "There is no ideology here." In 2013, he decided to join in cleaning up corruption by launching a new political party, Citizen Power. However, he never went through with his plans. 

Yunus is not a divine being or free from mistakes. Rather, he is a man, and no man in the world has never made mistakes. One does not have to be a Newton or Einstein to understand that the works of great people are tied to trials and tribulations. Every idea, invention, theory, and concept has its own humiliating shortcomings, from Newton's theory of gravity to Yunus's theory of microcredit. Indeed, Yunus should have known better. Perhaps he should have done more for the poor people of the world or published more books. Instead, he became Prime Minister Hasina's target for name-calling, accusations, and expulsion from Grameen Bank. 

I really do not know how the prime minister will end this trial. But I can only hope that she will never unleash her soldiers on Yunus the way General Marcellus unleashed his on Archimedes some 2300 years ago. President Obama remarked, "Professor Yunus was just trying to help a village, but he somehow managed to change the whole world." I hope he does not have to continue reminding Prime Minister Hasina that this is not 212 BC but 2013 AD.


 in TheTimes of India,

Monday, August 20, 2012

Microfinance pioneer Grameen Bank weakened by government meddling


AP Photo/John McConnico Nobel Peace Prize laureate Muhammad Yunus speaks to the Associated Press during an interview at his hotel in Oslo, Norway Saturday Dec. 9, 2006. Yunus, founder of Grameen Bank, was awarded the Nobel Peace Prize.

ELIOT DALEY

Prime Minister Sheikh Hasina of Bangladesh seems bent on destroying the best elements of the Grameen Bank, whose loans to poor women inspired a global movement now enabling more than 135 million borrowers to become self-employed. More than a year ago, she engineered the spectacularly illogical dismissal of Muhammad Yunus, Nobel Prize-winning founder and managing director of Grameen Bank. Hasina rode roughshod over the bank’s own board’s decisions and bylaws in imposing a mandatory retirement on Professor Yunus, ostensibly because of his age. (She seems not to have been troubled by issuing that dictate through her minister of finance who, himself, was many years older than Yunus.)

But not content to have removed Yunus, whose worldwide fame seems both Bangladesh’s most notable asset and Prime Minister Hasina’s most aggravating cause of envy, she has now moved to gut the Grameen Bank’s fundamental premise of governance: that the women who comprise the bank’s clientele should have a controlling voice in its policies and programs. In a region not notable for women’s rights, this leadership position by the Grameen Bank has been salutary for the bank, a model for other institutions and an inspiration to all those seeking to advance the well-being of women and their families.

What exactly is Prime Minister Hasina’s latest plan? Very simple: Trash the Grameen Bank’s historically successful model of a borrower-dominated board that has the power to elect the managing director of this bank, in which the borrowers are the leading shareholders. And replace that process with what? Let’s see. What could be the most disempowering, backward, ham-handed, intrusive alternative one could imagine?

Eureka! Have the government-appointed chair of the board summarily appoint the managing director! Forget about the decades-long organic evolution of women’s leadership in both governance and management at Grameen Bank. Just empower Hasina’s crony chair to install a managing director, who will reliably turn the bank into a compliant arm of the Hasina administration — an administration whose appreciation of this international treasure, if such appreciation exists, is no barrier to envy-driven decisions that simultaneously compromise both the bank’s all-important independence and the administration’s own already shabby reputation.

It would be easy, and wrong, to dismiss this as a tempest in a teapot. Beyond its role in pioneering microfinance and poverty-reduction programs that have now been adopted worldwide, Grameen Bank is a shining global model of what it means to empower women — even, and especially, poor rural women. These women not only comprise 97 percent of the bank’s borrowers, but they actually own more than 95 percent of the equity in the bank. Accordingly and appropriately, women hold nine of the 12 seats on the board. And it is little noted but no small thing that the Nobel Peace Prize accepted by Muhammad Yunus was actually awarded to him and to those women — that is, to the bank itself, which they have built and, until Prime Minister Hasina butted in, have successfully controlled.

At this moment, a hand-picked Bangladeshi government commission is “studying” Grameen Bank to find ways to “improve and protect” it. Rodgers and Hammerstein captured this situation perfectly in “The King and I,” when the king, reflecting on foreign “allies” increasing their role in Siam, sings, “Might they not protect me out of all I own?”

What can be done? Secretary of State Hillary Clinton visited Dhaka in May to urge Prime Minister Sheikh Hasina and Foreign Minister Dipu Moni to take no action that would undermine Grameen Bank. In addition, the 17 women who currently serve in the U.S. Senate have sent a strongly worded letter to Prime Minister Hasina.
And this communiqué was issued by our State Department earlier this month:
“We call on the Government of Bangladesh to respect the integrity, effectiveness, and independence of Grameen Bank. We urge the Bangladeshi Government to ensure transparency in the selection of a new managing director who has unquestioned integrity, competence, and dedication to preserving Grameen Bank, its unique governance structure, and its effectiveness in bringing development and hope to 8.3 million of Bangladesh’s most vulnerable citizens, mostly women.”
It has seemingly always been the case that enlightened advances forged over decades by millions of dedicated people working together can be trashed with astounding finality by one misguided ‘leader.’ We owe it to those who created Grameen Bank, and to history, to show that such travesties are not inevitable. Citizens wishing to add their voices to this urgent call for preservation of a global treasure can sign on to a petition by searching ‘change.org Grameen Bank.’”

This is not a futile exercise. The worldwide firestorm over the ousting of Muhammad Yunus still reverberates in Hasina-administration deliberations. A fresh onslaught of petitions on this new issue may give them some pause. And perhaps even more important, our loud protests can mobilize the voters of Bangladesh, who, ultimately, must decide if their democratically elected prime minister should be allowed to demolish their country’s most celebrated contribution to its own people and the global community.

Eliot Daley is a Princeton writer. Contact him at eliotdaley.com.

First published in New Jersey dot com: August 18, 2012

Wednesday, August 15, 2012

Dhaka Forecloses the Grameen Brand


Bangladesh's government is taking over the pioneering microfinance bank, just as its founder feared

WILLIAM B. MILAM

FOR THE past 18 months in Bangladesh, the specter of a government takeover has haunted Grameen Bank and its founder, Nobel Prize winner Muhammed Yunus. Many thought Mr. Yunus was imagining the threat, but this month the Awami League government of Sheikh Hasina finally showed its hand. Her cabinet decided to push the microfinance lender's elected board of trustees aside and give power to the government-appointed chairman to name a selection committee that will soon find a new managing director.

The decision marks a new turn in a campaign to vilify Mr. Yunus, which began last year when the government removed him from his long-time role as managing director. Then it ginned up a controversy that micro lenders were "loan sharks," when the opposite is true: These banks give poor borrowers an alternative to usurious moneylenders.

This time, the cabinet impugned Mr. Yunus's honesty by asking questions about whether he followed bank rules on tapping the bank's credit facilities when he was managing director. It also alleges that he wrongly received tax exemptions on his foreign earnings. Last week, it opened a tax investigation.

Grameen Bank is important because it established the microfinance model--banks that provide unsecured loans for poor women for investing in income earning projects. It has been copied throughout the world and inspired the phenomenal growth of micro finance. In 2006, both the Bank and Yunus were awarded the Nobel Peace Prize for, as the Nobel committee put it, "their efforts to create economic and social development from below." By giving the poor the ability to help themselves, it undermines the culture of dependency on the government that ties the poor to Bangladesh's political parties.

In May 2011, I visited Dhaka and talked at length with Mr. Yunus, whom I have known since the early 1990s. He had been under attack by the Awami League government for some time. Even after he was removed from his position, he sought to ensure that the bank board could still elect his successor without political interference. It now seems all but certain that the bank he led to international renown will come under new management.

Many Bangladeshis I respect told me then, and still think today, that the Awami League is out to get Mr. Yunus by any means possible. The politicians believe, wrongly, that he is a long-term threat to their interests.

Many suspect that the root of the problem is that, when Bangladesh was under a military caretaker government in 2007, Mr. Yunus's name was briefly put forward in 2007 as a possible leader of a "third force" to replace the two dysfunctional major political parties led by Ms. Hasina and Khaleda Zia. Their personal animosity has made progress impossible. He never volunteered this idea, but he didn't reject it at first either. Nevertheless, this third party never took off.

In addition, most Bangladeshis say that Grameen Bank now provides low-hanging fruit for what is perceived as a corrupt government. Officials can loot the bank's substantial assets at will now. They can also tap its customer base of women borrowers and turn them into a serious vote bank by promises of loan reductions or write-offs.

World leaders need to take note of these perverse motivations in Dhaka and condemn them, but they aren't doing so. I came back to Washington after my 2011 visit feeling great foreboding about Grameen's future. The South and Central Asian Bureau of the U.S. State Department, however, did not share my concerns when I met with its officials. Their reaction was tepid then. Now, more than a year later with news of the cabinet's decision, I am told they are "working on it."

For all the laurels Mr. Yunus has received from the West, his strategy to protect the bank he founded didn't work, partly because Western governments failed him. In the 15 months since the attack on Grameen began, the U.S. and others have let themselves be distracted by other business and lulled into complacency by Ms. Hasina's waiting game.

Now it may be too late to save the bank. The U.S. is playing catch-up on an issue on which it had an early warning. By this time, Prime Minister Hasina is not inclined to listen to other governments and back off her determined course. I am sure it will take more than words to deflect it. The U.S. and European governments will have to threaten to cut off bilateral assistance programs and other aid through multilateral institutions like the World Bank.

Getting donors on the same page at such a late date will be a real uphill battle, and given all the other pressing issues in South Asia is a long shot. It is thus with a heavy heart that we must prepare for the disappearance of the pioneer of microfinance and the marginalization of its visionary founder.

William Milam is a former U.S. ambassador to Bangladesh and a senior scholar at the Woodrow Wilson International Center for Scholars

First published in the Wall Street Journal, August 14, 2012