Muhammad Yunus Takes Charge as Interim Leader Amid Bangladesh’s Political Turmoil

Dhaka, Bangladesh – September 2024 — Nobel Peace Prize winner Muhammad Yunus has assumed role of interim chief adviser in Bangladesh, following abrupt end of Prime Minister Sheikh Hasina’s 15-year rule after widespread protests and political unrest. 

In an exclusive interview with DW, 84-year-old Yunus outlined his interim administration’s priorities, which include stabilizing nation, addressing institutional damage, and restoring democratic governance. He strongly criticized Hasina’s government for corruption, accusing it of devastating economy and undermining national institutions. 

A Broken Economy and Calls for Reform 

” Economy was shattered,” Yunus stated. “Almost all institutions were destroyed, and nation is now struggling to regain its footing.” His administration, he said, aims to rebuild country’s governance framework, restore citizens’ rights, and ensure human rights protections. He also hinted at possible constitutional amendments, advocating for a national consensus to guide future reforms. 

While  exact timeline for  next election remains unclear, Yunus emphasized that a “free and fair” election is a top priority, saying, “We want a decent, beautiful election and will hand over power as soon as possible.” 

Corruption Allegations Against Hasina 

Yunus did not hold back in his criticism of Sheikh Hasina, accusing her administration of massive corruption that siphoned off public funds and led to economic hardship. “Money was transferred through government channels for benefit of a select few, which led to terrible consequences for economy,” he added. 

country, already reeling from effects of COVID-19 pandemic, has been struggling with rising inflation and dwindling foreign exchange reserves, forcing it to seek financial support from IMF. Yunus’ administration is now in talks with international lenders to secure a $5 billion aid package to stabilize economy. 

Relations with India: A Delicate Balance 

Yunus acknowledged Bangladesh’s strategic dependence on India, stressing need for strong ties despite recent political upheaval. “We must maintain best relationship with India,” Yunus said, underscoring shared history and mutual interests. 

After being ousted, Hasina fled to India in a military helicopter. While Dhaka has revoked her diplomatic passport and is pushing for her extradition to face trial, Indian authorities have yet to disclose her whereabouts. 

interim government also aims to resolve longstanding bilateral issues with India, such as river water sharing and cross-border movements, through diplomatic channels. 

Rohingya Crisis: An Ongoing Burden 

On humanitarian front, Yunus expressed concern over continued influx of Rohingya refugees from Myanmar’s conflict-ridden Rakhine State. Over 18,000 Rohingya have reportedly crossed into Bangladesh in recent months, adding to nearly one million already residing in overcrowded camps. 

“We cannot turn m away; pushing me back would mean certain death,” Yunus said. While welcoming refugees, he admitted that situation is creating significant challenges for country. “This is an additional burden, and we are urging international community to step up efforts in addressing this crisis.” 

Road Ahead for Bangladesh 

As Bangladesh grapples with economic recovery, political instability, and humanitarian challenges, Yunus’ interim government is tasked with navigating country through one of its most turbulent periods in recent history. His administration has promised to restore democratic processes and economic stability, but much remains uncertain in this critical transition phase. 

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