On November 21 and 22, 2023, the Ministry of Foreign Affairs sent a rejoinder to various newspapers and online portals against the statements of three rapporteurs on human rights in Bangladesh. It is mentioned in the related news that “The case of Dr Muhammad Yunus is pending before the court for depriving the workers of a company owned by him for their fair dues”. A company owned by him is referred to as "Grameen Telecom". This information is completely false and baseless. We strongly protest against the Government's false statement in their Rejoinder to the UN. 
 

It should be noted that Dr Muhammad Yunus has no ownership of any of  the organizations he created,  including Grameen Telecom. Prof Yunus is an honorary chairman of Grameen Telecom. He takes no honorarium or financial benefits for this service.
 

Grameen Telecom is a not-for-profit company registered under Section 28 of the Company Act 1994. Its dividend is not distributable as per the Companies Act. Being a not-for-profit company, its earned profits are not distributed as it has no shareholders. It should be noted that no company has been established in Bangladesh or elsewhere which is  owned by Dr. Muhammad Yunus inside.
 

We request the Ministry of Foreign Affairs to provide a correction to the information previously provided to the United Nations.
 

(A recent press release published on Grameen Telecom is enclosed herewith for your kind information).