Nobel Peace Prize laureate Muhammad Yunus says the banking sector completely neglects the bottom 50%, yet microfinance has shown that the poor is creditworthy. (Photo By Chris Maddaloni/CQ Roll Call/Getty Images)
“Professor Yunus and three of his Grameen Telecom colleagues were convicted under labour laws and sentenced to six months in simple imprisonment,” lead prosecutor Khurshid Alam Khan told the AFP news agency on Monday.
He added that all four were immediately granted bail pending appeals.
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