Muhammad Yunus - Yunus Had been Fired as Managing Director of The Bank

Time: Wednesday Mar 2, 2011

Place: Dhaka, Bangladesh

Details: On 2 March 2011, Muzammel Huq – a former Bank employee, whom the government had appointed Chairman in January – announced that Yunus had been fired as Managing Director of the Bank. However, Bank General Manager Jannat-E Quanine issued a statement that Yunus was "continuing in his office" pending review of the legal issues surrounding the controversy.

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