Dr Yunus to face legal action
BB, NBR to take action if irregularities found
- Dr Yunus' remuneration, royalties and awards while serving as managing director of Grameen Bank were illegal, NBR chairman said on Monday
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Dr Yunus to face legal action |
The government on Monday decided to take legal action against Nobel
laureate Dr Muhammad Yunus for “enjoying tax exemption illegally.”
The privileges enjoyed by Yunus on the money he received as remuneration, royalties and awards while he was the managing director of Grameen Bank were illegal, National Board of Revenue Chairman Md Ghulam Hussain said on Monday.
In a report presented at the cabinet meeting, the NBR chairman also said the fund transfer from Grameen Bank to Grameen Kalyan and his other family stakes was not in accordance with the law.
He added that the facilities and privileges Yunus enjoyed as Grameen Bank MD after his 60 years of age would also be included in this list.
The regular cabinet meeting was held on Monday at the secretariat with Prime Minister Sheikh Hasina in the chair.
The cabinet recommended that Bangladesh Bank, NBR and other financial institutions concerned take action if irregularities were found.
The privileges enjoyed by Yunus on the money he received as remuneration, royalties and awards while he was the managing director of Grameen Bank were illegal, National Board of Revenue Chairman Md Ghulam Hussain said on Monday.
In a report presented at the cabinet meeting, the NBR chairman also said the fund transfer from Grameen Bank to Grameen Kalyan and his other family stakes was not in accordance with the law.
He added that the facilities and privileges Yunus enjoyed as Grameen Bank MD after his 60 years of age would also be included in this list.
The regular cabinet meeting was held on Monday at the secretariat with Prime Minister Sheikh Hasina in the chair.
The cabinet recommended that Bangladesh Bank, NBR and other financial institutions concerned take action if irregularities were found.
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