Bangladesh's top court has ordered Nobel laureate and microfinance pioneer Muhammad Yunus to pay more than $1 million in taxes on a $7 million donation made to three charitable trusts, lawyers said Monday.
Yunus, 83, is credited with lifting millions out of poverty with his pioneering micro-credit bank, but he has fallen out with Prime Minister Sheikh Hasina, who has said he is "sucking blood" from the poor.
He was awarded the 2006 Nobel Peace Prize for his work promoting economic development.
"The Supreme Court... dismissed our petition," Yunus' lawyer Sarder Jinnat Ali told AFP.
The court, which upheld a decision by a lower court, ruled on Sunday that Yunus must pay as the law does not support tax exemptions for donations to trusts.
Yunus had donated 767 million taka ($7 million) to the Professor Muhammad Yunus Trust, the Yunus Family Trust and the Yunus Centre between 2011 and 2014.
The court ordered he pay a total tax bill of 150 million taka ($1.4 million), 30 million taka of which he has already paid.
Yunus has been credited with helping eradicate extreme poverty in Bangladesh by offering microfinance loans to tens of millions of rural women through Grameen Bank, which he founded in the 1980s.
Bangladesh's anti-graft watchdog last year ordered a wide-ranging probe into firms that Yunus chairs, and Hasina has attacked him personally, blaming him for the World Bank pulling out from a bridge project that was mired in corruption allegations.
When the bridge near Dhaka finally opened in June last year, Hasina said Yunus should be "dipped in a river" for jeopardising its completion.
In March, 40 global figures including former UN chief Ban Ki-moon and former US secretary of state Hillary Clinton published a joint letter calling on Bangladesh to stop "unfair" attacks and harassment of Yunus.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Cauvery Water Dispute: Is There A Solution In Sight?
In BCCI's Strict Rule For Test Selection, Three India Stars Get Exception Bangladesh Orders Nationwide School Closures After Violent Student Protests 5 Killed, Hundreds Injured In Bangladesh Job Quota Protests "Relocate To Vizag": Andhra Minister To IT Firms Amid Karnataka Quota Row UP BJP Rejig Soon? State Chief Offers To Quit Over Poll Drubbing: Sources "I Divorce You... Your Ex-Wife": Dubai Princess Dumps Husband In Insta Post "Animal Cruelty": Abu Dhabi's First Owl Cafe Goes Viral, Internet Angry Madras High Court's Big Rebuke To Probe Agency In Illegal Sand Mining Row 12 Maoists Killed In 6-Hour Encounter In Maharashtra's Gadchiroli Track Latest News Live on NDTV.com and get news updates from India and around the world.