Bangladeshi leadership orders legal action against Yunus

Jason Burke at TheGuardian:

AMA Muhith, the finance minister, has alleged that Yunus wrongly received tax exemptions as the chief executive of a public institution between 2004 and 2011.
Yunus, who won the Nobel peace prize in 2006, has rejected the charge. A statement issued by his office said he did not breach any laws as chief executive of Grameen Bank and all of his activities were approved by the bank's board.
"Grameen Bank was created by a special law. The board of directors holds absolute power under the law. Whatever Prof Yunus did he did with the permission and consent of this powerful board," the statement from Yunus's office said.