Between a tyrant and a mountebank, Bangladesh has displayed quite a spectacle. By the former I refer to the prime minister, and by the latter, Mohammed Yunus, formerly of Grameen Bank.
We know that the Nobel Peace Prize is awarded purely on political - and politicised - considerations. Yunus had lobbied hard to get the Prize. And the west wanted to blinker the world to the fact that they were not going to do anything for the truly poor of the world - there would be no more export-led growth, as in East Asia. So some kind of opium was necessary, and microcredit came along. We also know it doesn't work. Indeed, microfinance has been known to kill the poor. The model is not only useless, but dangerous. In fact, gouging the poor has not been a recent story. And, as the Norwegian documentary has shown, the original borrower died in poverty and her children are beggars.
But that's not surprising: even Elie Wiesel won the Peace Prize. As did Barack Obama (we'll never figure that one out).
What is shocking, then, is not Yunus getting the Prize, but Bangladeshis feeling that he's done them proud. We claim that he brought us dignity and prestige. Can a bauble really do that?
Dignity and prestige comes from honesty, fair dealing, uprightness, equity, compassion...not from foreigners and their tinsel.
Al-Ghazali said that any work undertaken with equity and compassion is ibadat. Where are equity and compassion in Bangladesh?
Our intellectuals are hired liars, as has been obvious from the exhibition on both sides of the farce. Self-respect comes from the self, not from others.
One has but to consider one of Yunus's closest drinking buddies, a rogue known as Bill Clinton. This unconscionable man coldbloodedly murdered 1.7 million children in Iraq through sanctions; and his lackey, the secretary of state, went on prime-time TV equally coldbloodedly to defend the indefensible.
A man is judged by the company he keeps, or should be: and this is the kind of man we consider a hero in Bangladesh. That says a lot about Bangladesh.
This whole circus has revealed nothing but our moral bankruptcy.
Showing posts with label Grameen Bank. Show all posts
Showing posts with label Grameen Bank. Show all posts
Tuesday, March 8, 2011
Friday, December 3, 2010
Grameen Bank's Yunus 'stole' $100 mn
Grameen Bank's Yunus 'stole' $100 mn: "- Sent using Google Toolbar"
Is this really so surprising? NGO people are slick operators; every gentleman I know who has tried to do good has come to grief. You have to be cold-blooded and sly to create a money-generating organisation.
What is even less surprising is the donors' complicity in keeping the matter hushed up. Donors know well how sleazy the world of NGOs is: only 25% of donor money ever reaches the poor.
Furthermore, during the caretaker government rule, it was found that Grameen Phone was guilty of massive illegal activity in the provision of VOIP services which were illegal. Yunus, of course, knew nothing about such shenanigans.
One NGO that collapsed because the protege got out of hand was GSS (Gono Shahajjo Shangstha): donors had known for years that the director was a predatory skirt-chaser.
Another large NGO that imploded was Proshika: its former director eventually resorted to vandalism of his own erstwhile offices to try and get it back. He had packed the board with cronies and gone into politics, something an NGO is not supposed to do.
The function of NGOs in Bangladesh and elsewhere is not to help the poor but to buy the loyalty of the elite.
In this, they succeed admirably.
Is this really so surprising? NGO people are slick operators; every gentleman I know who has tried to do good has come to grief. You have to be cold-blooded and sly to create a money-generating organisation.
What is even less surprising is the donors' complicity in keeping the matter hushed up. Donors know well how sleazy the world of NGOs is: only 25% of donor money ever reaches the poor.
Furthermore, during the caretaker government rule, it was found that Grameen Phone was guilty of massive illegal activity in the provision of VOIP services which were illegal. Yunus, of course, knew nothing about such shenanigans.
One NGO that collapsed because the protege got out of hand was GSS (Gono Shahajjo Shangstha): donors had known for years that the director was a predatory skirt-chaser.
Another large NGO that imploded was Proshika: its former director eventually resorted to vandalism of his own erstwhile offices to try and get it back. He had packed the board with cronies and gone into politics, something an NGO is not supposed to do.
The function of NGOs in Bangladesh and elsewhere is not to help the poor but to buy the loyalty of the elite.
In this, they succeed admirably.
Labels:
bangladesh,
elite,
Grameen Bank,
Mohammed Yunus,
ngos,
theft,
western donors
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