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I don't think it's fair to compare what happened in India with Grameen Bank. What happened in india was flat out scam. GB on the other hand is a successful inst
by pavs 13y ago
I don't think it's fair to compare what happened in India with Grameen Bank. What happened in india was flat out scam. GB on the other hand is a successful institution with proper checks and balance and does business in many countries. The problem with GB and the BD government has little to do with financial scam and more to do with trying to take over the institution on some banal technicalities in an effort to discredit Yunus, because of the reason you already mentioned. If Yunus gets into politics it can do some serious damage to the present status quo and they are scared of it.
I currently live here. The whole country is pretty much pissed off, because of this.