Bangladesh’s Supreme Court has postponed the hearing of Muhammad Yunus’ appeal against a lower court’s decision to uphold his removal from Grameen Bank, the microfinance lending institution he founded.
The Supreme Court put on hold the hearing of Yunus’ appeal, separate from the one filed by Grameen Bank’s board of directors, until March 22, Reuters reports, citing a statement from Yunus’ lawyer.
Bangladesh’s high court has upheld an order from the country’s central bank removing the 70-year-old Yunus as managing director of Grameen Bank on grounds that he is past the mandated retirement age of 60.
>> Muhammad Yunus Files New Appeal Over Dismissal From Grameen Bank
>> Bangladesh Court Upholds Muhammad Yunus’ Dismissal
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