The High Court today started rehearing of two separate writ petitions that challenged National Board of Revenue (NBR) orders over reassessment of around Tk 600 crore as income tax from Grameen Kalyan for different tax years
The Supreme Court of Bangladesh has ordered Yunus to pay US$ 1 million in unpaid taxes from funds he donated to some trusts. In the coming months, he will be in court to answer questions about alleged labour law violations by Grameen Telecom, a company he chairs. A Janus figure, the social banker has been praised for his contribution to development, but also criticised by many Bangladeshis for the inflexibility of his bank vis-à-vis vulnerable borrowers.