Nobel laureate Yunus convicted in Bangladesh labour law case

Bangladeshi social entrepreneur, economist, Nobel laureate and civil society leader Muhammad Yunus arrives on the red carpet for the Charity Gala of the German Postcode Lottery under the theme 'Stand Up For Human Rights' in Duesseldorf, Germany on May 24, 2023. INA FASSBENDER/Pool via REUTERS/File photo

DHAKA (Reuters) -A court in Bangladesh on Monday sentenced Nobel laureate Muhammad Yunus to six months in prison for labour law violations, prosecutors said, for what he said was a crime he did not commit.

Yunus, 83, and his Grameen Bank won the 2006 peace prize for their work to lift millions out of poverty by granting tiny loans of under $100 to the rural poor of Bangladesh, pioneering a global movement now known as microcredit.