BANGLADESH NEWS
The government has set up a four-member commission to review the entire operation of Grameen Bank and its associated organisations.
The commission will look into the "purposes, legal status and operations" of Grameen Bank and its related organisations, the Banking and Financial Institution Division said in a notice on Wednesday.
The committee, led by former secretary Mamunur Rashid, will report to the Banking Division in three months, the notice added.
The action of the government came barely a week after US Secretary of State Hillary Clinton's two-day visit to Bangladesh when she said the US government would not endorse any action of the Bangladesh government to undermine the achievements of the Grameen Bank.
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