The Supreme Court dismissed Dr Muhammad Yunus’ appeal

 The Supreme Court on Tuesday dismissed Dr Muhammad Yunus’ appeal against a High Court verdict that upheld Bangladesh Bank’s order removing him from the post of managing director of Grameen Bank.
With this, the Nobel Peace Prize winner of 2006 lost a final legal battle against the government to retain the top position he had held since the founding of the microfinance institution in 1980s.

However, his lawyers said they filed a recall petition which has been included in the supplementary cause list for hearing by the Appellate Division of the Supreme Court.

The seven-member full bench of Appellate Division, headed by Chief Justice ABM Khairul Haque, on Tuesday dismissed the petition by Yunus after full-day hearing on it and upheld the High Court verdict.

“Dr Yunus will have to leave Grameen Bank. He has no scope to stick to the post of managing director. That will be illegal,”