Nobel Peace Prize-winning economist Muhammad Yunus pioneered micro loans as a tool to fight poverty. Now prosecutors in Bangladesh have linked him and his colleagues to a dizzying number of crimes, including embezzlement and laundering millions of dollars. 

Today on The Big Take Asia, host K. Oanh Ha speaks to Bloomberg’s Kai Schultz about the complicated saga and what implications Yunus’s case has for Bangladesh, one of the fastest growing economies. We also hear from Yunus himself, who talks about the rift between him and Prime Minister Sheikh Hasina, and the personal impact of the legal drama.

Read more: Why the Nobel-Laureate Pioneer of Microfinance Risks Life in Jail

Big Money Backs Tiny Loans That Lead to Debt, Despair and Even Suicide

Nobel Peace Prize-winning economist Muhammad Yunus pioneered micro loans as a tool to fight poverty. Now prosecutors in Bangladesh have linked him and his colleagues to a dizzying number of crimes, including embezzlement and laundering millions of dollars. 
Today on The Big Take Asia, host K. Oanh Ha speaks to Bloomberg’s Kai Schultz about the complicated saga and what implications Yunus’s case has for Bangladesh, one of the fastest growing economies. We also hear from Yunus himself, who talks about the rift between him and Prime Minister Sheikh Hasina, and the personal impact of the legal drama.
Read more: <a href="https://www.bloomberg.com/news/features/2024-07-16/nobel-peace-prize-winner-muhammad-yunus-risks-life-in-a-bangladesh-jail?srnd=undefined">Why the Nobel-Laureate Pioneer of Microfinance Risks Life in Jail</a>
<a href="https://www.bloomberg.com/graphics/2022-microfinance-banks-profit-off-developing-world/">Big Money Backs Tiny Loans That Lead to Debt, Despair and Even Suicide</a>

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.

Big Take Asia

Why This Nobel Prize Winner Faces Life Imprisonment in Bangladesh

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff1a894b-3a70-4a47-b849-b1af012e4434/transcript

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