A Nobel laureate will head Bangladesh's interim government after unrest ousted Hasina, official says
Nobel laureate Muhammad Yunus will head Bangladesh’s interim government after former Prime Minister Sheikh Hasina stepped down and fled the country amid a mass uprising against her rule, led mostly by students
DHAKA, Bangladesh (AP) — Nobel laureate Muhammad Yunus will head Bangladesh's interim government after longtime Prime Minister Sheikh Hasina fled the country amid a mass uprising that left hundreds of people dead and pushed the South Asian nation to the brink of chaos.
The decision, announced early Wednesday by Joynal Abedin, the press secretary of the country’s figurehead President Mohammed Shahabuddin, came during a meeting that included military chiefs, organizers of the student protests that helped drive Hasina from power, prominent business leaders and civil society members.
A longtime political opponent of Hasina, Yunus is expected to return soon from Paris, where he is advising Olympic organizers, media reports said.
An economist and banker, he was awarded the 2006 Nobel Peace Prize for his work developing microcredit markets. Yunus has been hailed for bringing thousands out of poverty through Grameen Bank, which he founded in 1983, and which makes small loans to businesspeople who wouldn't qualify for regular bank loans.