Yunus not allowing it to work

Finance Minister AMA Muhith yesterday said Nobel laureate Prof Muhammad Yunus was not letting Grameen Bank work properly.
"Prof Yunus is not letting it [GB] be sustainable," he said.
Muhith made the remarks at a views-exchange meeting with editors and senior journalists of different dailies, news agencies and TV channels on the upcoming budget at the ministry.
Muhith said three decades ago when he was finance minister under the then president HM Ershad, he told Prof Yunus to set up such an organisation that could operate without him.
"In 2010, I asked him [Yunus] to resign from the organisation. I told him that in 29 years, 'you [Yunus] have established a system, which, I think, will sustain without you'.
"He [Yunus] said no, saying if he leaves [GB] it will collapse. Prof Yunus still believes that if he cuts off his relationship with Grameen Bank -- a relationship that he is still maintaining -- it will collapse.
"But it is functioning much better without him than it functioned under him. I am sorry to say that," Muhith noted.
In May 2011, Prof Yunus stepped down as the managing director of the microcredit organisation after the central bank unceremoniously removed him from the position.
Prof Yunus still does not allow GB to operate the way it should operate, the finance minister said.
"That is the problem with Prof Yunus. This is his egotism, nothing else."
The minister, however, praised Prof Yunus, saying he had devised a system which was wonderful and that all of its activities were done at branch level.
Muhith described the acting managing director of Grameen Bank as unfit as he is used to carrying out Yunus's orders.
"That is how he [Yunus] is ruining this institution. His ego is ruining this organisation."