Since the beginning of his NGO business in early seventies, Yunus has used the women and rural poor people for personal gains

A Fraudster Since Childhood

Dula Mia was a devout Muslim all his life and went to Mecca for Hajj three times. He always wore white pajamas, a Punjabi, a cap, and sandals. His square-framed glasses and white beard made him look like an intellectual. At a young age, Dula Mia would give up his studies and devote his time to his father’s gold business. In addition to running a shop, he also traveled to different areas of Chittagong to buy and sell gold and lend money at interest. Yunus’ mother, Sofia Khatun, who gave birth to 14 children, also helped her husband in his jewelry shop. She worked with velvet, wool, and ribbon to remake gold earrings and necklaces. She used to help relatives and neighbors with the income.

Yunus’ mother, Sofia Khatun, would tell the children stories about Jinnah, Gandhi, and Lord Mountbatten every evening, and the children started to embrace Pakistan. When Yunus was nine years old, his mother developed mental problems. She behaved abnormally; she would talk incoherently, shout, and abuse her children and neighbors. Sofia Khatun’s mother and two sisters had similar mental problems. Dula Mia turned to “unorthodox solutions, incantations, mumbo-jumbo, superstitions, and even hypnosis. In the course of trying to find anything that would help her, one doctor prescribed too much sedative, and she became addicted to opium.” She died after suffering for 33 years in 1982.

During the partition of India, Salam, 10, was Yunus’ playmate, reading companion, and political informant. Salam would raise the flag with his friends and chant “Pakistan Zindabad.” Ibrahim, aged two, was just learning to talk. “He called the white sugar he liked ‘Jinnah sugar’, and the brown sugar which he did not like, ‘Gandhi sugar’.” Salam and Yunus would sometimes buy or borrow books, and even steal them. Shuktara magazine was their favorite. To get the magazine for free, Yunus chose a name from among the winners and wrote a letter to the editor, claiming to be the winner, and started receiving free magazines through treachery. Yunus used to steal money from his father’s cash box.

While studying at Chittagong Collegiate School, Yunus and a friend learned to paint from an artist. However, all the painting materials had to be hidden at home because his father did not support drawing human figures according to Islamic rules. “So all of our extra-curricular activities had to be done in secrecy.”

Chittagong Collegiate School gave Yunus the first and foremost a change of outlook. The atmosphere was completely cosmopolitan, and they were a much more sophisticated lot than the pupils he had been with before. Scouting boosted his confidence and gave him the scope to travel to Pakistan in 1953.

After completing his master’s degree in economics from Dhaka University, he started teaching at Chittagong College. Then he took a loan from a bank and joined the printing and packaging business. He found that it’d be a profitable business, made his father the chairman of the company, and got a loan from Industrial Bank. 

In 1969, Yunus went to America to do his PhD on a Fulbright scholarship at Vanderbilt University in Tennessee and later became an Assistant Professor of Economics at Middle Tennessee State University.

At the height of the Vietnam War, Yunus, along with other foreign students, “quite naturally joined anti-war rallies and protest marches.” His leftist Bengali friends hated him for his positive opinions about America. “But I wrote back to my friends at home: ‘The United States is a beautiful country. My life would have been unfulfilled if I had not come here and seen this place, and experienced the personal freedom they enjoy here.’”

When the Liberation War began, 31-year-old Yunus, along with other Bengalis in America, including former East Pakistani embassy officials, teachers, and students, campaigned for the recognition of an independent Bangladesh, the release of Prime Minister-elect Sheikh Mujibur Rahman, and stopping US military aid to Pakistan. On March 27, Yunus was elected secretary of the Bangladesh Citizens Committee. On March 30, Yunus wished to form the provisional government of Bangladesh but binned the idea after receiving a bitter message of disappointment in the leaders. Soon the Mujibnagar government was formed. 

“Prof Yunus was far above accountability due to his fame and prestige; he was a symbol of arbitrariness and nepotism; he frequently traveled abroad for personal gain and publicity; he acted capriciously even during the bank’s deep crisis; he disabled board members by destroying the chain of command; he was reluctant to hand over power and responsibilities; he adopted inhumane policies in promotions and transfers. Grameen Bank drifted away from principles and philosophies for various reasons.”

Khandaker Mozammel Haque

General Manager, Grameen Bank

January 1, 2000

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