Stop govt move to destroy GB

US Representative for New Jersey's 12th congressional district Rush Holt issued a statement on Thursday against the Bangladesh government's latest efforts to takeover or dismantle the world-famous Grameen Bank.
“It is past time for the government of Bangladesh to cease its efforts to destroy one of the true economic marvels of our age: Grameen Bank.  I call upon Secretary of State Kerry to make it clear to officials in Dhaka that America supports Grameen Bank and its work for the poor in Bangladesh and elsewhere in the world,” said Holt.
“If the government of Bangladesh persists in its attacks on the bank and Professor Yunus, our government should re-evaluate the wisdom of our current push to deepen political and security ties to the current government.”
This week, Nobel laureate Prof Muhammad Yunus in an op-ed in Bangladesh newspapers has condemned proposals for a government takeover or outright break up of Grameen Bank, which he had founded over 30 years ago to help poor women in Bangladesh and elsewhere create their own small businesses and rise out of poverty by providing small loans.
Earlier this year, the Congress awarded Yunus with America's highest civilian award, Congressional Gold Medal, for his creation of microcredit and his life-long commitment to fighting poverty. Holt was the sponsor of the resolution authorising the medal.
In the statement, Holt further said, “Bangladesh needs more institutions like Grameen, and more pioneers like Muhammad Yunus. It's past time for the government of Bangladesh to recognise those facts and work with Professor Yunus, not against him.”