• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
LeadershipBangladesh
Asia

Nobel-winning microcredit pioneer Muhammad Yunus should lead caretaker Bangladesh government, student leaders say

By
Shafiqul Alam
Shafiqul Alam
and
AFP
AFP
Down Arrow Button Icon
By
Shafiqul Alam
Shafiqul Alam
and
AFP
AFP
Down Arrow Button Icon
August 6, 2024, 5:13 AM ET
Professor Muhammad Yunus, the Bangladeshi Nobel Peace Laureate, addresses the media in Dhaka, Bangladesh, on April 16, 2024. Student leaders on Tuesday demanded the Nobel winner lead a caretaker government.
Professor Muhammad Yunus, the Bangladeshi Nobel Peace Laureate, addresses the media in Dhaka, Bangladesh, on April 16, 2024. Student leaders on Tuesday demanded the Nobel winner lead a caretaker government.Mamunur Rashid—NurPhoto/Getty Images
Add Fortune on Google for similar content.

Student leaders in Bangladesh on Tuesday demanded Nobel winner Muhammad Yunus lead a caretaker government, a day after the military took control as mass demonstrations forced longtime ruler Sheikh Hasina to flee the country.

Hasina, 76, had been in power since 2009 but was accused of rigging elections in January and then watched millions of people take to the streets over the past month demanding she quit.

Hundreds of people died as security forces sought to quell the unrest, but the protests grew and Hasina finally fled Bangladesh aboard a helicopter on Monday as the military turned against her.

Army chief General Waker-Uz-Zaman announced Monday afternoon on state television that Hasina had resigned and the military would form an interim government.

“The country has suffered a lot, the economy has been hit, many people have been killed — it is time to stop the violence,” said Waker, shortly after jubilant crowds stormed and looted Hasina’s official residence.

Waker was expected to meet student leaders on Tuesday, to hear their demand for the 84-year-old microfinance pioneer Yunus to lead the government.

‘In Dr. Yunus we trust’

The students also want the dissolution of parliament, a call echoed by the key opposition Bangladesh Nationalist Party (BNP), who have demanded elections within three months.

“In Dr. Yunus, we trust,” Asif Mahmud, a key leader of the Students Against Discrimination (SAD) group, wrote on Facebook.

Yunus has not commented on the call, but in an interview with India’s The Print, he said Bangladesh had been “an occupied country” under Hasina.

“Today all the people of Bangladesh feel liberated,” it quoted Yunus as saying.

Streets in Dhaka were largely peaceful on Tuesday — with traffic resuming and shops opening, but government offices mainly closed — after a day of chaotic violence saw at least 113 people killed.

Millions of Bangladeshis flooded the streets of Dhaka to celebrate after Waker’s announcement on Monday.

“I feel so happy,” said Sazid Ahnaf, 21, comparing the events to the independence war that split the nation from Pakistan more than five decades ago.

“We have been freed from a dictatorship.”

Deadliest day

But there were also scenes of chaos and anger, with police reporting mobs launching revenge attacks on Hasina’s allies.

It was the deadliest day since protests began in early July, with at least 413 people killed overall, according to an AFP tally based on police, government officials and doctors at hospitals.

Protesters stormed parliament and torched TV stations, while some smashed statues of Hasina’s father, Sheikh Mujibur Rahman, the country’s independence hero.

Others set a museum dedicated to the former leader on fire, flames licking at portraits in destruction barely thinkable just hours before when Hasina still had the loyalty of the security forces in her autocratic grip.

Offices of Hasina’s Awami League across the country were torched and looted, eyewitnesses told AFP.

Some businesses and homes owned by Hindus — a group seen by some in the Muslim-majority nation as having been close to Hasina — were also attacked, witnesses said.

Political prisoners freed

The unrest began last month in the form of protests against civil service job quotas and then escalated into wider calls for Hasina to stand down.

Her government was accused by rights groups of misusing state institutions to entrench its hold on power and stamp out dissent, including through the extrajudicial killing of opposition activists.

The army chief met President Mohammed Shahabuddin late Monday, alongside key opposition leaders, with the president’s press team saying it had been “decided to form an interim government immediately”.

Shahabuddin also ordered the release of prisoners from the protests, as well as former prime minister and key opposition leader Khaleda Zia, 78.

Zia, who is in poor health, was jailed by her arch-rival Hasina for graft in 2018.

Mothers of some of the hundreds of political prisoners secretly jailed under Hasina’s rule waited outside a military intelligence force building in Dhaka on Tuesday, hoping for news.

“We need answers,” said Sanjida Islam Tulee, a coordinator of Mayer Daak, meaning “The Call of the Mothers”, a group campaigning for the release of people detained by Hasina’s security forces.

Hasina’s fate is also uncertain. She fled the country by helicopter, a source close to the ousted leader told AFP.

Media in neighbouring India reported Hasina had landed at a military airbase near New Delhi.

A top-level source said she wanted to “transit” on to London, but calls by the British government for a UN-led investigation into “unprecedented levels of violence” put that into doubt.

Bangladesh has a long history of coups.

The military declared an emergency in January 2007 after widespread political unrest and installed a military-backed caretaker government for two years.

Michael Kugelman, director of the South Asia Institute at the Washington-based Wilson Center, warned that Hasina’s departure “would leave a major vacuum” and that the country was in “uncharted territory”.

“The coming days are critical,” he said.

About the Authors
By Shafiqul Alam
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

The true cost of Donald Trump’s $2.2 billion year
NewslettersCEO Daily
The true cost of Donald Trump’s $2.2 billion year
By Diane BradyJuly 2, 2026
3 hours ago
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
SuccessCareers
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
6 hours ago
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
InvestingDonald Trump
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
By Catherina GioinoJuly 1, 2026
15 hours ago
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
NewslettersCIO Intelligence
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
By John KellJuly 1, 2026
20 hours ago
U.S. Polo Assn. CEO J. Michael Prince
SuccessThe Promotion Playbook
U.S. Polo Assn. CEO was flat-out told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight until they changed their mind
By Orianna Rosa RoyleJuly 1, 2026
22 hours ago
Nikesh Arora, chief executive officer at Palo Alto Networks
SuccessJobs
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
22 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 day ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.