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16 February, 2017
In the last several days there have been strong accusations made against Nobel Laureate Professor Muhammad Yunus by the top lawmakers of the country including the Honorable Prime Minister, her son, ICT Advisor to the PM, as well as a number of Ministers and Members of Parliament through posts on Facebook, on the floor of the Parliament, at press conference as well as in policy meetings, where he has been accused in harshest language and terms of being behind creating false allegations of corruption in the Padma Bridge project and the suspension of funds for Padma Bridge. Professor Yunus has never made any statement private or publicly to anyone about the possibility of corruption in the Padma Bridge project at any time. We condemn the false and baseless accusation against Professor Yunus. On the contrary, Professor Yunus made repeated statements beginning as early as in 2011 that he supports the Padma Bridge project, stating that it is the dream of millions of people of Bangladesh, and would never stand in the way of its realization. He has repeated this on many occasions including as recently as January 28, 2017 when Honorable Prime Minister accused him on the floor of the Parliament. We reiterate this one more time.
In addition to the accusations of Padma Bridge, several papers report quoting unnamed sources that NBR has imposed a fine on Tk 69 lacs on Professor Yunus. This is also an untrue statement. Professor Yunus does not have any outstanding tax claim or fine pending payment. We have repeated on a number of occasions that Professor Yunus pays all of his taxes fully and on due time. All relevant information regarding his earnings and taxes are in the possession of the NBR. He has within his lawful rights contested certain tax claims made recently which he felt were unjustified in a court of law. The matter is still with the court, and he will comply with whatever decision the court takes.
Another accusation has surfaced regarding the transfer of money abroad by Grameen Trust, an organization set up to support replication of microcredit methodology in other countries. The report states that "Grameen Trust has received donor funds from several donors including USAID and Netherlands, USA during 1996-97 to 2015-16 tax year and disbursed funds in 38 countries to support microfinance projects worth Tk 47 crore 35 lacs. The report claims that there is no information of central banks authorisation of the transfer in the income tax file.”
This may give the impression that Grameen Trust shifts donor money given to Bangladesh to other countries. This is not true. Donors provided this money to Grameen Trust for the exclusive purpose of using it in other countries to build micro credit programs in those countries. Every approval and disbursement of money to the projects in other countries has legal approval from the Foreign Currency Division of Bangladesh Bank, as well as all other relevant authorities. All these documents related to these transactions are preserved by Grameen Trust and have been audited on an annual basis by external auditors. All these information are always given in details in the Annual Audit Report of Grameen Trust and submitted to NBR along with Grameen Trust's Tax Return on a regular basis
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