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santa action. barring my grad. program including got me a job person collection of. having bank of so it's owned by the government borrowers in the stands so they are

in the office so. the people doesn't have eyes so got me involved in this the strength of the you still didn't take place took place in india. mentioning and we're condemned it very heavily we wrote about it we made press statement. about a similar thing happens with elected america in mexico through. one of the district issues there rican them there too and they also wanted to make i.p.o. and get people businesspeople excited that you can invest in mexico didn't make a lot of money out of the poor people which is a totally totally wrong message now bangladesh prime minister she has seen a dismissed you from crimean bank in two thousand and ten citing that you were older then demanded her retirement age of sixty personal how painful was his decision for you and did you retain some of the homes and. retirement.

it is very painful because it was done in a kind of inconsiderate way because we were not taken as a government bank government applied the government bends rule on to grameen bank saying that you are not following the government bank's rule of the term and we said this is a bank owned by poor women we have our own rules our old law allows that so this distinction about the age limit doesn't apply to greenbank adult board is very clear to men but in any case. i was asked to resign so i resigned and came out of it but that doesn't mean the whole grameen bank subtly became a foreigner to me this is part of my life it's part of me it's about of my family so i feel i belong to the bank family were there and i'm in a position of decision making or executive position or i'm not but this is my baby

and i work together of people who work there is a part of my team but we always work together since is the very day it was born when he was a little infant we not surely in helping to grow any grown nationwide than a grammy now i did his a spread all over the world i still grew around do that in that position has not changed that relationship or structure so you're somewhat of a senior consultant to the bank now without really having a real power in meddling in its affairs right. well i will not say this word sounds very commercial by deliciously reste not a commercial relationship i would just a friend i would say and a friend and i still feel part of the team no i don't hold the position within the bank but that doesn't mean my views are ignored within giving back because they look up to me because they know that every single procedure in every single methodological of government bank build them piece by piece so they look up to me

for guidance. temperature break now and be right back where the muster mohammad yunus to ask a little bit more about what happened grabbing bank why when he ran for president bangladesh and wants to the future of microfinance globally don't go away and. this is a media lead us so we leave the media. by the sea ocean security for your party years ago. where shoes that no one is asking with the guests that you deserve answers from it's all on politicking only on our team.

in fish farms waters. from the me because. i size spread all over norway this is the most toxic food you have in the whole world. drowns out in the judicial inquiry furthermore tells restrictions. that. really knows what's inside the feeling of fish. but. we're going to do that you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy. rule. in fact the single biggest threat facing our nation today is the corporate takeover of

our government and our several weeks in a hydrogen right hand full of friends national corporations that will profit by destroying what our founding fathers once told that's my job mark it on this show we reveal the big picture of what's actually going on in the world we go beyond identifying problems. rational debate real discussion political issues things. ready to join the movement then welcome back. welcome back we're talking to muhammad yunus to man behind the idea of micro finance and the founder of grand mean bank in bangladesh good to have you back so

just to talk a little bit more about what happened and grab me and bag a new premise i have seen i wanted to split the bank into nineteen groups he rejected that idea which probably also played a part in your downfall on top of that bangladesh government has this idea to actually bring to grow i mean bargain to the central banks jurisdiction what's wrong with all of that. well this all came for political reasons there's no concrete issue about that i mean by dividing up a splitting up grameen bank in one thousand pieces only only to can say you destroy the bank if somebody wants to destroy the bank that's the best way to do so cut it up chop it off it's gone so that idea even the government to this is not they are not in favor of chopping it off they will do something else but in any case behind everything else looks like there is an attempt to control crimean banks and our

preview of the law that we started out with makes it very clear that it should be guided by its own board board is the ultimate decision making body but the present government somehow didn't like that so they want to intervene into the activities of crimean banks and that's why all these nineteen pieces and all control mechanism and changing the law amending the law. to get to the bank all this thinking about and this seemed to be not very friendly to the bank itself and any action that is being taken. nobody in the world will see that is in the interest of the bank of the people and i'm very worried about it and i try to draw attention of everybody you've just seen person the look you have to stop that this is a great a distribution this is being so much good for the people in the particularly families and the poor women in the world that has given so much empowerment to the

women in bangladesh and it is becoming a global phenomenon bringing same thing in many many countries almost every single country group in russia. has microcredit program so today to go back to. origin of the whole idea the greenbank to harm it it will be totally painful and acceptable but among the shia government has launched legal actions against you for overseas tax evasion you were ousted from being boss of grammarian bank for working past retirement age finance minister alleges you have wrongly received tax exemptions while achieve a public institution between two thousand and four and eleven a lot of accusations in a very short period of time where are they coming from and why now. no because the government because the government. finds it appropriate for them to do it for political reasons and all the allegations that you have listed again and again

been demonstrated we are sent all the information to the public to make sure that they understand it's all baseless there is no ground covered for example the case of tax evasion. it was decided in the cabinet meeting that my information should be examined by the text of qualities in its report should be submitted to the text of the cabinet itself of ministers and they did then they said we've investigated every detail so professor yunus this tax returns and he did it everything correctly we have no problem with he has not mr a single penny in texas so we have no problem with that. but when it was not satisfied with the people they sent it back again to make more of that they could find something else so this is the kind of thing you take something at least keep coming back and finally in the final report tech

separately says well only only one thing we can say that probably he didn't ask for permission to make this income to speak. to go to foreign countries and make a speech is an except on our young for that so he needed under government law he needed permission and then our position is it was never a government bank soup question of taking permission never rose at our board never felt that this is something that i need permission from the government and then governments itself are saying that since by two thousand i became six sixty or all after that i'm no longer barely. managing director so all these things the information. government is seeking about income tax is after two thousand so if i'm not a government solvent according to them that i was not a government servant after two thousand the question of taking permission from the

government doesn't erase it all so again it makes no sense so every single one of them does said i transferred lot of money from grameen bank to my private organization private companies and i made it very clear to the back to the people in bangladesh that not only i don't have private organization of my or i don't own any single shirt in any company anywhere so the question of me owning anything doesn't it is because i don't own anything so that's very clear so question of transferring money to buy organization does it and then they said you transferred money to another deming organization yes i did because that was the requirement of the agreement between the between the donor organization and gunmen in the region authority we lose money was involved in that mr x. oldtime who is the development minister he made it pretty clear quick statement he said no whatever was done was done legitimately there was nothing wrong doing it so

he made it clear to do so if you think accuses the base of basis behind it yes i mean about sixty minutes that it does look like when it does look like that big government just wants you out of the picture i'm just trying to figure out why are you represent some kind of threat to them. well you can make a speculation so i'm in the press makes a lot of the speculation anybody's and title to speculation but definitely nothing of the thing that has done looks additional to anybody in the world both within bangladesh and outside bengal this many people believe leaders around the world protested against what is happening to greenbank and many people inside the government inside the bangladesh protested even the opposition in bangladesh to. which is a very powerful opposition this it everything this current government is doing to grameen bank if the opposition they come to power they will undo everything they have done because they are done they have done it so wrongly so badly so they will

do that nobody is supporting this cause at all but i know that you in the words of the main man who are the owners of grameen bank i know that you have been an outspoken critic of successive governments in bangladesh not just this particular government plus like you said you had you have eight point three million borrowers so that also constitutes some political forest on its own right in bangladesh it's a lot of people that said that explanation this is they said that probably government sees a political benefit in controlling the banks so that they can get some political mileage again this is a speculation i cannot say whether whether this is true or not but the fact that this is an organization which is about one fourth of the total population of bangladesh is within government bank so we are linked to the one fourth of the population which means one fourth of the voters are included within government banks so definitely politicians could look into it in that way did today prevail

but again the same logic you might say then government should be befriending grameen bank rather them confronting grameen bank so you get that doesn't make sense why did it he did all those people who are in germany and then but taking a read their rights when you take away their rights they won't be your best your friend they will be forced to you so politically doesn't look like a very same step on the part of the government so people in bangladesh think that you're somewhat of a hero plus you disagree with many of the things these governments were doing why didn't you run for president yourself. well i don't want to be in politics that they did very clearly again and again into the. there is a vacant political very. many people in bangladesh try to perceive me to join politics so that down under pressure i said ok i'll join politics and i'll create a political party but we didn't ten weeks i came back and said no i'm not going to

join politics and i'm not going to create a political party and since then i never even thought about joining politics or creating a political party of my own and i don't whatever i'm doing is so much important. to the consented of that if you get into politics and back with this politics it's not a very exciting life in terms of. corruption in terms of that we. can have an environment of politics is i thought this is not the kind of environment that i can work with so i work in a way where i see transparency where i see i feel feel comfortable and i don't feel that much comfortable in the other side so i wanted to stay away from that ok how will the possible demise of grameen bank in bangladesh effect its followers around the world well first of all i don't think they'll be demise of grameen bank they'll

be damages of grameen bank not demean demise of grameen bank government is a very well established organization it's a very. strong organization financially strong organization institutionally with the strong organization i don't think anybody can bring demise to it but lots of harm in the short term can be done. and then. our job and meaning my job and my colleagues the team that built the going to mean back in the bottle of themselves is to go back and fix it make sure that it become not only strong it becomes a stronger organization and i'm sure. we will get support from the public will get support global support and i want supporter of that water at miter said all the world would be proud of what. we have for today our gas was a noble prize winner and pioneer of microfinance bangladesh economist. thank you

for watching and cheering for the next edition of sophie in kind of.

the twentieth. and if. i do it we need a chef for what. you want to be of it's. that it's led to what i need it's the money. that seems to me that there's a lead out of those. scenarios for the. crosstalk

rules in effect that means you can jump in anytime you want. same series of golf lisa tried to. play polo going to be

good news for you much more efficient taking every minute. cut may the last lap the web. by a lot like the play. was listening to the same setting all time plays jesus loves to eat lunch. sometimes from nothing which plays this season and it's important. to look just keep up the story he's giving just if you see a stage take a look at the tabs but the speech was. played.

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with kiev stepping up its assault in eastern ukraine the dutch prime minister says no more international will be sent to the malaysian airline crash site. is just twenty kilometers away and getting close to. a mother and child show old enough are among the latest graphic images to come out of the region the streets in the studio. among the targets so for. every. fighting continues in gaza its attempts to agree upon a truce between hamas and israel fall apart but international pressure to end the bloodshed is on the rise.