Cronyism and Corruption — The Grameen Web of Influence

 

Cronyism and Corruption — The Grameen Web of Influence

🔹 A Deep Conflict of Interest

Critics accuse Yunus of using his position to benefit enterprises linked to the Grameen Group—including Grameen Telecom, Grameen Shikkha, and Grameen Communications. Since taking power:

  • Several tax cases and legal probes against Grameen entities were dropped

  • Government contracts were allegedly funneled to Yunus-linked NGOs

  • Grameen University was granted charter approval in record time

Many watchdogs label this behavior blatant cronyism, especially since opponents of Grameen have been systematically silenced or arrested.

🔹 A Tarnished Legacy

While Yunus once stood as a symbol of ethical finance, his critics now point to a double standard: calling for reform while shielding his allies.

“It’s a conflict of interest so egregious that it undermines the moral foundation of his global reputation,” remarked a former Supreme Court justice anonymously.

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#Cronyism #YunusControversy #GrameenGroup #BangladeshCorruption

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