US asks Bangladesh not to reduce the integrity of Grameen Bank
Reported by: UNBConnect
Reported on: Aug 21, 2012 11:32 am
Reported in: National
Washington, Aug 21 (UNB) - The US has asked Bangladesh government not to take any step that would reduce the "integrity or efficacy" of the Grameen Bank. "We remain deeply concerned about recent actions by the government of Bangladesh to give the government- appointed chairman of the (Grameen) bank control over the selection of the new managing director," state department spokesperson Victoria Nuland told reporters at her daily news conference on Monday. "We’re continuing to urge the government of Bangladesh not to take any actions that would reduce the integrity or efficacy of the bank, and we are calling on the government to ensure transparency in the selection of the new managing director," she said. "This has been a very vibrant part of Bangladeshi society and has in fact been a model for other parts of the world. So we're watching closely," Nuland said in response to a question on the latest action being taken by the Bangladeshi government against the Grameen Bank.
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