DHAKA, Jun 1 (NNN-BSS) – A High Court division bench in Bangladesh, has ordered Nobel laureate, Muhammad Yunus, to pay 120 million taka (around 1.12 million U.S. dollars) to the country’s National Board of Revenue (NBR), in cases filed in connection with evading taxes, from 2011 to 2013.
The High Court division bench of Justice, Muhammad Khurshid Alam Sarkar, and Justice, Sardar Md Rashed Jahangir, passed the order yesterday.
The court also dismissed three separate petitions, filed by the Nobel laureate, challenging the tax liability imposed by the NBR, on the money he had gifted to his three charitable trusts.
The court said, Yunus’s tax evasion charges have been proven in three cases.
Yunus and his Grameen Bank were awarded the Nobel Peace Prize in 2006, for their work to “create economic and social development from below.”
In 2011, he was relieved from his position as Grameen Bank’s managing director.– NNN-BSS
