Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
had been sentenced earlier to six months in prison for violating the country's labor laws. The court also agreed to hear an appeal against his sentencing. Yunus who pioneered the use of microcredit to help impoverished people, especially women, filed the appeal seeking bail on Sunday morning before it was granted. He was awarded the Nobel Peace Prize for his work in 2006. Article content Article content The 83-year-old economist and three other officials of the telecommunications company were sentenced to six months in prison on Jan. 1, but they were immediately granted 30 days of bail to appeal the verdict and sentence. Sunday's court decision said the bail would remain effective until a final decision is made on the appeal for the sentencing. Defense lawyer Abdullah Al Mamun said the first hearing on the appeal would be held on March 3. The case involves Grameen Telecom, which Yunus founded as a non-profit organization. Yunus' supporters said the case is politically
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