Muhammad Yunus (AFP)
World
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News1809-12-2025, 09:07

Ex-Intel Officer: Yunus's "Saint" Image Hides "Shadow State"

  • Former Bangladeshi intelligence officer Aminul Hoque Polash accuses Nobel laureate Muhammad Yunus of building a "shadow state" through financial engineering and institutional capture.
  • Polash claims Yunus did not invent microcredit but took credit for others' work and diverted public funds into a private network of entities like Grameen Kalyan.
  • Allegations include tax evasion, denying Grameen Telecom workers their rightful dividends, and a scandalous Tk 437 crore worker settlement where funds were diverted.
  • After Yunus took interim power in 2024, numerous legal cases against him (labour conviction, ACC cases, tax demands) disappeared or were reversed.
  • Polash highlights nepotism, with Yunus's loyalists placed in key government roles, and calls for an international forensic audit of Yunus's finances and institutions.

Why It Matters: It exposes Nobel laureate Muhammad Yunus's alleged 'shadow state' and power abuse.

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