Bangladesh Nobel laureate Yunus apologises for labour violations
Bangladesh Nobel laureate Muhammad Yunus has been fined USD 88 after pleading guilty and apologising for violating the country's labour laws, court officials said on Wednesday.
The 2006 Nobel Peace Prize winner, whose pioneering micro-lender has been hailed for cutting poverty across the globe, admitted a social business firm he set up had broken labour laws, officials said.
"Yunus and three other senior officials of Grameen Communications formally apologised to the labour court for the violations. They were acquitted, but each paid a fine of 7,500 taka (USD 88)," a court official told AFP.
"The defendants have admitted guilt of committing the crime and prayed for relief from the liability of the case along with apologies," court documents said.
"The defendants... are now relieved of the charges and the case is now considered resolved."
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