Norway has told the BBC that there are "no more unanswered questions" into claims that the Grameen Bank in Bangladesh wrongly diverted aid cash.
A spokesman for the foreign ministry in Oslo said that the matter had been thoroughly investigated and that it considered it...
Norwegian Minister for Environment and International Development Erik Solheim on Wednesday clarified that Grameen Bank had not embezzled the donor's funds or used the money for unintended purposes.
He also said Grameen Bank was not involved in corrupt practices, accord...
Here is the text of the Statement from NORAD released at 4:30 PM on December 7, 2010 from Oslo, Norway. This Statement was ordered by Minister of the Environment and International Development, Erik Solheim.
Norad submitted its report today on Norwegian support to Grame...
Discussions should be fact based
The tenor of the comments made by the Prime Minister and in certain section of the media against the Nobel laureate, following a Norwegian TV documentary regarding notional transfer of funds from Grameen Bank (GB) to a sister concern Gr...
The Honorable Prime Minister, Sheikh Hasina, has called for an investigation into the press reports that have surfaced recently with regard to Grameen Bank. I welcome such an initiative and I am confident that this will resolve the matter and bring the truth to the citi...
We are sorry that many friends and well-wishers of Professor Yunus and Grameen Bank around the world were subject to mental agony because of the inaccurate and misleading news report published globally regarding an alleged "siphoning off" of a large amount money by Prof...
By: Jayanta Roy Chowdhury
New Delhi, Nov. 23: The finance ministry may cap interest rates charged by microfinance institutions after a spate of suicides by Andhra farmers caught in loan traps.
According to top officials, the capped rate is likely to be 24 per cent, wh...
Lu Hao Secretary General of the Communist Party of China Gansu Committee, holding the rank of minister, and member of the Central Committee of the Communist Party of China today called on Nobel Laureate Professor Muhammad Yunus at Grameen Bank headquarters today.
Secre...
The Global Social Business Summit 2010, initiated by Prof. Muhammad Yunus and the Grameen Creative Lab in Germany, is the only global communication platform for the social business community. Among a group of leaders and experts, it highlighted successes, possibilities ...
