Grameen Bank founder Nobel Laureate Dr Muhammad Yunus surrendered today before a Dhaka court and secured bail in three cases filed over the termination of employees for creating a trade union.
Dr Yunus surrendered today as per a High Court order that asked him to surrender before lower court by November 7.
Later the 3rd Labour Court's Acting Chairman Zakia Parvin granted him bail as Dr Yunus paid Tk10,000 bail bond for each case.
Three former employees who were dismissed by Grameen Communications (established by Dr Yunus) filed cases against the Dr Yunus and two officials of the company on July 3. The court later summoned the three accused on October 8.
Grameen Communication's Managing Director Naznin Sultana and Deputy General Manager Khandaker Abu Abedin surrendered before court and secured bail, but Dr Yunus did not show up.
On October 9, a Dhaka Court issued an arrest warrant against Dr Yunus after he failed to appear before court in response to an earlier summons.
However, on October 14, the High Court stayed the arrest warrant after Dr Yunus's counsel Barrister Rokanuddin Mahmud placed a plea seeking stay on the lower court order.