Muhammad Yunus, ‘banker to the poor’, is to launch a political party.
Bangladesh’s Nobel laureate backs out from floating own political party.
“I have decided to back out from my efforts for forming a political party, bowing to the practical aspects of the situation,” Yunus has said in a statement.
He
issued the statement after he met Fakhruddin Ahmed, head of the army-backed interim government, at his official residence on Wednesday night.Yunus said he felt the interim government, which had restored relative calm in the country after deadly political violence last year, would be able to steer Bangladesh to further progress with the people’s support.