The Grameen Bank (GB) chairman yesterday told the nine women members of the bank’s board that the GB Commission’s recommendations would not be implemented without their consent, as they were the organisation’s real owners.
At a meeting of the board yesterday, the women members sought an explanation from GB Chairman Khondaker Muzammel Huq about the government-appointed commission’s recommendation to split the organisation into 19 bodies.
The commission also recommended that the government take control of 51% of the Nobel-winning institution’s shares. The government now has only 3% shares of Grameen Bank.
The chairman said the government was trying to reform Grameen Bank as per the commission’s advice.
Tahsina Khatun, a member of the micro-lending institution from Mymensingh, said they would hold a press conference today at the National Press Club protest the government move against the “financially sound Grameen Bank.”
