Bangladeshi micro-credit pioneer Grameen Bank has described as "total fabrication" claims the institution diverted nearly $100m of aid cash.The denial came a day after Norway said it was examining reports relating to money from Norway, Sweden and Germany.A documentary alleged that the cash had been transferred from Grameen Bank to other parts of Grameen.Nobel Peace laureate Prof Muhammad Yunus set up the bank in Bangladesh in 1996 to make small...
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Trial by media stings journos by Rajdeep Sardesai
There was a time when editors were not seen or heard, only read. One of the best illustrations of the original 'ivory tower' approach was NJ Nanporia, a venerable editor at 'The Times of India' in the 1960s. Apparently, Nanporia was shopping in a local market when he found a certain gentleman smiling at him continuously. His curiosity getting the better of him, Nanporia asked the man who he was....
More »Grameen founder Muhammad Yunus in Bangladesh aid probe by Ethirajan Anbarasan
Norway says it is examining reports that Nobel Peace Laureate Muhammad Yunus allegedly diverted millions of dollars of aid money from a bank. International Development Minister Erik Solheim said that it was "totally unacceptable that aid is used for other purposes than intended". A documentary maker has alleged that cash was diverted from Professor Yunus' Grameen Bank to other parts of Grameen. In a statement, the bank said that the allegations were false. It...
More »Post-Radia, a fierce debate on media ethics by Urvashi Sarkar
A panel discussion organised here on Friday by The Editors Guild of India, the Press Association, the Press Club of India and the Indian Women Press Corps on “Radia tapes and journalistic ethics” turned into a slanging match between journalists and Editor-in Chief of CNN-IBN Rajdeep Sardesai after he pitched in strongly for Barkha Dutt and Vir Sanghvi, saying they had been judged guilty without corroborative evidence. On the panel...
More »The republic on a banana peel by P Sainath
Media-corporate links are structural. But journalists, certainly entrenched ones, can choose whether they wish to be stenographers or not. It was gratifying to have the head of India's most reputed business house confirm the existence of crony capitalism in the country. True, others have believed this for 20 years but it carries more weight when Ratan Tata says so. As he put it in a Television interview with admirable candour: “Yes,...
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