Sheikh Hasina slams Yunus for economic crisis, lies, mobocracy

Condemning Muhammad Yunus for his failure to maintain economic progress, his personal gains, and repressive rule, Awami League President and the countryโ€™s longest-serving prime minister, Sheikh Hasina, elaborated on her success stories during a virtual discussion on Friday.

โ€œI saw his speech today. Yunus was trying to make excuses for his misdeeds,โ€ she said. โ€œHis remarks do not match the reality. He claimed that the economy was shattered when he came to power. How is it possible? Rather, our economy was in the strongest position.

โ€œHe has destroyed the economy so much that he could not surpass my last budget worth Tk7,97,000 crore; rather, he reduced it. The budget does not go downwards.

โ€œWhen I took office in 2009, Bangladeshโ€™s budget was only Tk68,000 crore, and it rose to Tk7,97,000 crore. In South Asia, Bangladeshโ€™s economy became the second, ninth in Asia, and 35th in the world,โ€ Sheikh Hasina said.

Bangladeshโ€™s GDP was above 8% before the Covid-19 onslaught, global recession, Russia-Ukraine war, and sanctions slowed down economic activities. โ€œDespite these challenges, we maintained a GDP average of 6.7%.

โ€œThe Awami League increased per capita income to $2,794 from $445 in 2009.

โ€œIn 2023, Bangladeshโ€™s GDP rose to 7.4%. Due to extensive pro-people programmes, poverty was reduced to 18% and extreme poverty to 5%.”

She mentioned that in 2021, Bangladesh was recognised as a developing nation.

In that year, the UN General Assembly adopted a resolution to graduate Bangladesh from the Least Developed Country (LDC) category, marking a significant milestone in its development progress. While officially becoming a developing nation is scheduled for 2026, the UN stated that the country would continue to enjoy LDC trade benefits until then.

โ€œTo whom is he accountable?

โ€œHe has destroyed the countryโ€™s economy in the last eight years. Prices of essentials have gone beyond the peopleโ€™s purchasing power. People are losing their jobs. They are unable to earn.

โ€œDuring the Awami League tenure, a day labourer or rickshaw-puller could earn enough to arrange three meals for the family. Now they cannot earn money for one meal.

โ€œWe reduced the poverty rate. He has increased it.โ€

She said that the Awami League had never been a loan defaulter. โ€œI allocated money for loan repayments.

โ€œBut Yunus plundered the money. He and his gang members have become billionaires overnight. Their health has improved significantly. They are destroying the economy and making personal gains.

โ€œThey unleash the stick-wielding mob terror if anyone criticises them.

โ€œThis government is a total fraud. Yunus has no legitimacy. He has neither public mandate nor constitutional legitimacy. He has clung to power, defying the Constitution.

โ€œYunus does not pay taxes. He had cases filed for tax evasion. He was sentenced to six months’ imprisonment for not paying profits to the workers. He has now become the head of the country.

โ€œDuring my tenure, I launched 116 social safety net schemes, including allowances and stipends.

โ€œI kept inflation below 9, but Yunus pushed it to 14, and it is still in double digits. But he has lied, saying that the prices of essentials were affordable. He is a very smart liar.โ€

Sheikh Hasina also questioned why Yunus was refusing all the successes of the Awami League rule when the people knew everything.

They have destroyed Bangabandhu’s residence, which was turned into a museum, and the symbols of the Liberation War. They are removing Bangabandhu’s name and the name of the Father of the Nation from everywhere.

She said that many development projects were named after the Father of the Nation based on local people’s demands. It was a way of showing respect.

โ€œBut Yunus claims that I named everything after my relatives, parents, and siblings. It is not true. The Father of the Nation brought us independence. You cannot wipe out the name of Bangabandhu no matter how hard you try.

โ€œHistory takes its own course. Today, you are trying to wipe out the memory of Bangabandhu and remove his name from everywhere. Where do you stand? The name Bangladesh was given by Bangabandhu.

Mob King Yunus

โ€œPeople were at peace,โ€ Sheikh Hasina said. โ€œBut Bangladesh is destroyed due to a personโ€™s greed for power.

โ€œIn the name of anti-quota movement, they tried to unseat the governmentโ€ฆtook attempts to embarrass the government, whereas I revoked the quota system [in 2018]. But they started killing people.

โ€œIn the movement from July 7-14, the authorities did not obstruct them as long as they were peaceful. But on July 15, when they started the killingsโ€ฆlooted and burned 460 police stations, and killed police members, ordinary people, studentsโ€ฆ Who killed these students? Police did not use metal bullets.

โ€œSince they killed the police, the on-duty police also have the right to self-defense. They lynched the police, not even sparing a pregnant police officer, killing ordinary people, numerous Awami League activists, and freedom fighters.

โ€œThey claim this is mob justice. Where is the mob? These are some terrorists and criminals. It is already proven that they torched metro rail, the BTVโ€ฆโ€

Sheikh Hasina mentioned what Yunus said at the Clinton Global Initiative event in September, that it was a meticulously designed anarchy to grab power. He even clapped with a happy face after introducing the mastermind to the world.

โ€œIt means there was no involvement of students and the public in the movement. It was staged to capture power and sell out the country.

โ€œWe achieved our marine boundary. Yunus wants to allow setting up a military base in the Bay, sell out the country in the name of providing a humanitarian corridor, and sell out the Chittagong Port.

โ€œThe country is burning in hell due to his greed for power. They were killing people one after another by lynching and using sharp weapons and sticks. No one has ever seen such brutality.

โ€œEven the innocent cows were not spared. These animals were beaten to death.

โ€œThey cut the tendons of Chhatra League activists and threw them from an 11-storey building [in Chittagong]. They were even watching to see whether they died.

โ€œThe brutality of the killings after torture has not been seen in the past.

Sheikh Hasina said the interim government has filed cases against 4-5 lakh Awami League members. Over 1,37,000 are in prisons. At least 1,000 Awami League members have been killed. The injured are not getting treatment at hospitals.

Judges, doctors and teachers have been forced to resign. The courts have been politicised, she said.

Sheikh Hasina said: โ€œHis speech was full of lies. Yunus has awarded impunity to the perpetrators of murders, arson and other crimes that have taken place since July 15. Donโ€™t the families have the right to seek justice?โ€

Many of the students have admitted that they killed the police and set fire to the metro rail and BTV buildings, she mentioned.

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