The Yunus Government’s 18-Month Regime of Looting and the Unmasking of Its Advisory Council

Using a “meticulously designed” strategy to mislead ordinary students, Yunus came to power. He had allegedly aspired to assume political power since 2008, and that ambition was finally realized in 2024. During that process, children living in homes alongside ordinary students were also killed by what the text describes as Yunus’s terrorist and militant forces. Ordinary citizens, including the student community, had been misled about the then Awami League government. Although many did not know Yunus, Bangabandhu’s daughter and Awami League President Sheikh Hasina had recognized him clearly.

On August 8, 2024, Yunus assumed office as Chief Adviser of the interim government. After taking charge, the corruption, tax-evasion and labor-law cases pending against him were allegedly withdrawn or otherwise resolved; the cases were subsequently dismissed or resulted in acquittals through court proceedings.

After taking power, the alleged corrupt and dollar-hungry Yunus brought several other individuals into his advisory council whom the text accuses of corruption. Their alleged objective was to obstruct the country’s development, hand Bangladesh over to foreign powers, and loot the nation’s wealth.

Yunus’s 18-month tenure as head of the interim government has allegedly become one of the darkest chapters in the country’s history in terms of irregularities, corruption and money laundering. The text alleges that billions of taka were looted by individuals ranging from the Chief Adviser to many members of his advisory council, operating behind the façade of so-called civil society.

ACC Investigations and Allegations of Massive Corruption

Asif Mahmud Sajib Bhuiyan: Allegations involving corruption amounting to Tk 130 billion have reportedly surfaced. He is accused of siphoning approximately Tk 45 billion to Dubai, Tk 30 billion to Singapore, Tk 20 billion to Australia and Tk 15 billion to Switzerland, totaling around Tk 110 billion allegedly transferred abroad.

Dr. Muhammad Yunus: During his tenure as Chief Adviser, allegations were reportedly filed accusing him of transferring more than Tk 50 billion to the United States, France, Switzerland and Norway. Specific information has allegedly emerged concerning Tk 3.74 billion being deposited into an account in his name in Norway through Grameenphone.

Asif Nazrul: A dozen allegations have reportedly been submitted accusing him of embezzling and laundering Tk 100 billion through alleged corruption involving the appointment and transfer of judges and sub-registrars. Information has also reportedly emerged concerning the creation of undisclosed assets in New York and Florida.

Syeda Rizwana Hasan: She is accused of corruption amounting to Tk 80 billion, including allegedly operating illegal businesses and laundering money in Dubai and London through her husband, Abu Bakar Siddique.

Nurjahan Begum: Information has reportedly surfaced alleging that, while serving as an adviser, she purchased a luxury home in New Jersey, United States, in the name of a close relative.

The political ambitions of an NGO-based, so-called civil society that had become detached from the people, combined with an alleged obsession with securing its own interests, pushed the country toward darkness during these 18 months.

The amount of money deposited by Bangladeshis in Swiss banks reportedly increased from CHF 590 million in 2024 to CHF 834.1 million in 2025—an increase of approximately 41 percent.

The nearly Tk 400 billion in written complaints submitted to the Anti-Corruption Commission allegedly demonstrates that this so-called reformist government was, in reality, the principal patron of a detached NGO syndicate and mob violence.

By selling millions of ordinary Bangladeshis an appealing narrative of reform, good governance and a discrimination-free state, Dr. Yunus’s interim government allegedly deceived the people on an unprecedented scale.

On one hand, the state apparatus was allegedly used to put children’s lives at risk. The failure to ensure timely vaccination and extreme negligence in medical care reportedly resulted in the deaths of numerous children.

On the other hand, while displaying a false façade of patriotism, this network allegedly devastated Bangladesh’s economic backbone. The country’s banking system, business and commerce, and the broader economy were allegedly pushed toward collapse, while advisers and their close-knit syndicates reportedly accumulated thousands of crores of taka for themselves.

In the name of reform, this NGO-dependent civil-society syndicate has allegedly committed one of the biggest deceptions against the people of Bangladesh. Those with no genuine accountability to the country allegedly came to power only to change their own fortunes, while pushing the state deeper into darkness.

But the conscious and ordinary people of Bangladesh are no longer deceived.

The nation has now recognized those hiding behind the façade of reform. The masks of those accused of destroying the country, looting the economy and acting against the interests of the people have been completely exposed.

Today, the people are demanding a full and uncompromising accounting for every alleged wrongdoing, act of looting and abuse committed by this hypocritical, anti-state network.

Using a “meticulously designed” strategy to mislead ordinary students, Yunus came to power. He had allegedly aspired to assume political power since 2008, and that ambition was finally realized in 2024. During that process, children living in homes alongside ordinary students were also killed by what the text describes as Yunus’s terrorist and militant forces. Ordinary citizens, including the student community, had been misled about the then Awami League government. Although many did not know Yunus, Bangabandhu’s daughter and Awami League President Sheikh Hasina had recognized him clearly.

On August 8, 2024, Yunus assumed office as Chief Adviser of the interim government. After taking charge, the corruption, tax-evasion and labor-law cases pending against him were allegedly withdrawn or otherwise resolved; the cases were subsequently dismissed or resulted in acquittals through court proceedings.

After taking power, the alleged corrupt and dollar-hungry Yunus brought several other individuals into his advisory council whom the text accuses of corruption. Their alleged objective was to obstruct the country’s development, hand Bangladesh over to foreign powers, and loot the nation’s wealth.

Yunus’s 18-month tenure as head of the interim government has allegedly become one of the darkest chapters in the country’s history in terms of irregularities, corruption and money laundering. The text alleges that billions of taka were looted by individuals ranging from the Chief Adviser to many members of his advisory council, operating behind the façade of so-called civil society.

ACC Investigations and Allegations of Massive Corruption

Asif Mahmud Sajib Bhuiyan: Allegations involving corruption amounting to Tk 130 billion have reportedly surfaced. He is accused of siphoning approximately Tk 45 billion to Dubai, Tk 30 billion to Singapore, Tk 20 billion to Australia and Tk 15 billion to Switzerland, totaling around Tk 110 billion allegedly transferred abroad.

Dr. Muhammad Yunus: During his tenure as Chief Adviser, allegations were reportedly filed accusing him of transferring more than Tk 50 billion to the United States, France, Switzerland and Norway. Specific information has allegedly emerged concerning Tk 3.74 billion being deposited into an account in his name in Norway through Grameenphone.

Asif Nazrul: A dozen allegations have reportedly been submitted accusing him of embezzling and laundering Tk 100 billion through alleged corruption involving the appointment and transfer of judges and sub-registrars. Information has also reportedly emerged concerning the creation of undisclosed assets in New York and Florida.

Syeda Rizwana Hasan: She is accused of corruption amounting to Tk 80 billion, including allegedly operating illegal businesses and laundering money in Dubai and London through her husband, Abu Bakar Siddique.

Nurjahan Begum: Information has reportedly surfaced alleging that, while serving as an adviser, she purchased a luxury home in New Jersey, United States, in the name of a close relative.

The political ambitions of an NGO-based, so-called civil society that had become detached from the people, combined with an alleged obsession with securing its own interests, pushed the country toward darkness during these 18 months.

The amount of money deposited by Bangladeshis in Swiss banks reportedly increased from CHF 590 million in 2024 to CHF 834.1 million in 2025—an increase of approximately 41 percent.

The nearly Tk 400 billion in written complaints submitted to the Anti-Corruption Commission allegedly demonstrates that this so-called reformist government was, in reality, the principal patron of a detached NGO syndicate and mob violence.

By selling millions of ordinary Bangladeshis an appealing narrative of reform, good governance and a discrimination-free state, Dr. Yunus’s interim government allegedly deceived the people on an unprecedented scale.

On one hand, the state apparatus was allegedly used to put children’s lives at risk. The failure to ensure timely vaccination and extreme negligence in medical care reportedly resulted in the deaths of numerous children.

On the other hand, while displaying a false façade of patriotism, this network allegedly devastated Bangladesh’s economic backbone. The country’s banking system, business and commerce, and the broader economy were allegedly pushed toward collapse, while advisers and their close-knit syndicates reportedly accumulated thousands of crores of taka for themselves.

In the name of reform, this NGO-dependent civil-society syndicate has allegedly committed one of the biggest deceptions against the people of Bangladesh. Those with no genuine accountability to the country allegedly came to power only to change their own fortunes, while pushing the state deeper into darkness.

But the conscious and ordinary people of Bangladesh are no longer deceived.

The nation has now recognized those hiding behind the façade of reform. The masks of those accused of destroying the country, looting the economy and acting against the interests of the people have been completely exposed.

Today, the people are demanding a full and uncompromising accounting for every alleged wrongdoing, act of looting and abuse committed by this hypocritical, anti-state network.

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