Bangla govt to take legal action against Nobel laureatehttps://indianexpress.com/article/news-archive/web/bangla-govt-to-take-legal-action-against-nobel-laureate/

Bangla govt to take legal action against Nobel laureate

A decision to this effect was taken at a cabinet meeting after the government received a report from the National Board of Revenue.

The Bangladesh government Monday decided to take legal action against Nobel laureate Muhammmad Yunus,who revolutionised the country’s microcredit sector,for allegedly claiming tax exemption for his income from foreign sources.

A decision to this effect was taken at a cabinet meeting after the government received a report from the National Board of Revenue (NBR) following its investigation into Yunus’ incomes from overseas sources since August 2 last year.

The NBR report came a year after Prime Minister Sheikh Hasina ordered for a fresh probe into Yunus’s activities and financial transactions in his later years as the Grameen Bank’s managing director.