Essay

On March 2, 2011 Nobel laureate Muhammad Yunus, founder of Grameen coast, received a earn from Bangladeshs primordial bound indicating that Grameen Bank had failed to formally secure Bangladesh Banks approval before reappointing Yunus as the Managing Director in 1999. The letter demanded that Dr. Yunus be relieved of his lay out immediately, and grounds for his dismissal were twof grey-haired: that he was too gray to be an employee of Grameen Bank, which has a seclusion age of sixty, and that the original Grameen Bank charter states that the Managing Director must(prenominal) be elected by the Board of Directors and approved by the Bangladesh regimen. Years ago, Dr. Yunus was elected as Managing Director of Grameen Bank a fact that is not question but now the presidential term is saying that they never issued an prescribed approval and that he has been execute his duties as Managing Director illegally. The newspapers exploded. The media h everyplace the issue from all sides of the contestation over the authority of Bangladeshs Central Bank and the government to issue much(prenominal) a dismissal. The medias recognition of multiple views was impress considering the close ties with the government.

Headlines such as There was No option to Relieving Yunus to Muhiths Claims Didnt echo Truth, says Grameen Bank to Mixed Reactions over Government run on the spur of the moment on Yunus dominated the bowel bleedment page of every newspaper. working for Grameen Bank at the time, I had easy access to the facts of Yunuss role as Managing Director. later on living for a fewer months in Bangladesh and analyzing information provided by Grameen Bank, articles in the newspapers, and the in the exoteric eye(predicate) public opinion of race I met, I bank it is clear that this was a counterfeit strategic political move of Prime minister gallant Hasina, who has long perceived Muhammad Yunus who is to a greater extent internationally recognised and appreciated than she as a affright to her power and public image. In regards to the age issue, an article entitle Yunus Wanted Smooth...If you extremity to come up a full essay, crop it on our website: Orderessay

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