To avoid punishment, Dr. Yunus needs to pay billions of dollars!

Dr. Muhammad Yunus, the Nobel laureate, is facing legal challenges regarding tax evasion and mismanagement of funds. Last year, he deposited billions of Taka into the government treasury following court orders. There are 168 cases against him, including allegations of embezzlement and tax evasion. Yunus had claimed a lack of funds but is now having to pay significant amounts in taxes and fines. 

 

Last year, on July 25th, following a court order, Dr. Yunus deposited Tk 12 crore 46 lakh 72 thousand in the treasury for "outstanding tax". He paid this amount through a pay order to Southeast Bank.

From 2011 to 2013, under the tax act, he deposited another Tk 54 crore on March 10th into the national treasury. He deposited this money into the Pallabi branch of Rupali Bank to avail the legal appeal facility.

Dr. Muhammad Yunus had claimed a tax exemption citing a lack of funds in the fund. He also took refuge in the law. However, following the court's directive, he is now depositing billions of dollars into the government treasury. The question arises: where did Dr. Yunus keep so much money?

According to information, there are a total of 168 cases against Dr. Yunus nationwide, including serious allegations such as embezzlement of workers' funds, misappropriation of welfare funds, and transferring funds to other cooperative institutions. Apart from two cases of labor law violation and embezzlement, all the remaining cases are related to tax and donation evasion.

On July 25th last year, following the Supreme Court's directive, Nobel laureate Yunus deposited Tk 12 crore 46 lakh 72 thousand in the treasury for "outstanding tax". He paid this amount through a pay order to Southeast Bank.

From 2011 to 2013, under the tax act, he deposited another Tk 54 crore on March 10th into the national treasury. To avail the legal appeal facility, Yunus deposited this money into the Pallabi branch of Rupali Bank.

Additionally, on March 7th last year, the High Court ordered Dr. Yunus to pay Tk 119 crore in the 7 income tax reference cases. His established institution, Grameen Telecom Trust, will have to pay this income tax for six years.

Furthermore, in the mid-1996, allegations arose of transferring $100 million from Grameen Bank to a new institution, Grameen Kalyan. At that time, donors pressured Yunus for the money back. Under pressure, he transferred $30 million to Grameen Bank.

At that time, Yunus admitted the matter and said he had transferred the money to Grameen Kalyan to avoid future taxes. However, as the final verdict approached, he could not escape legal loopholes and is now having to pay each tax one by one.

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