As the Bangladesh government investigated Grameen Bank for financial mismanagement in 2012, then-Secretary of State Hillary Clinton’s State Department aides allegedly threatened the prime minister’s son with an IRS audit, the Daily Caller reported.
Major Clinton Foundation donor Muhammad Yunus was serving as managing director of Grameen Bank at the time. He regularly spoke at Clinton Global Initiative events and was given a Nobel Peace Prize in 2006, reportedly with help from former President Bill Clinton.
Bangladesh Prime Minister Sheikh Hasina’s son, Sajeeb Wazed Joy, recalled the “astounding and mind-boggling” efforts by senior State Department officials to get him to sway his mother to close the government commission’s probe into the bank.
Wazed told the Daily Caller:
“They threatened me with the possibility of an audit by the Internal Revenue Service. I have been here legally for 17 years and never had a problem. But they said, ‘well, you know, you might get audited.’
They would say over and over again, ‘Yunus has powerful friends’ and we all knew they were talking of Secretary Clinton. Everybody knew it was Mrs. Clinton.”
In February, the Dhaka Tribune also reported that the Prime Minister Hasina’s son faced pressure from the U.S. State Department in an attempt to keep Yunus in power at Grameen Bank.
Hasina remembered her son once quoting the State Department officials as saying, “Convince your mother.”
Among other allegations, Yunus was accused of transferring $100 million from Grameen Bank to fund his “private enterprises,” the Daily Caller reported. The bank executive ended up paying back the bank, but Wazed said, “That’s not the point.”
“He took the money, and the bank is a state-bank not authorized to provide big business loans,” he added.
Yunus was removed as managing director in 2013, shortly after the government commission’s report was released.