Dhaka: A court in Bangladesh's capital granted bail on Sunday to micro-credit pioneer and Nobel laureate Muhammad Yunus over the firing of three employees by Grameen Communications, where he is chairman. Acting Chairman of the 3rd Labor Court in Dhaka, Zakia Parveen, granted the bail when Yunus appeared before the court. The country's high court had set a November 7 deadline last month for him to appear in person.

It had asked authorities not to arrest or harass Yunus before the deadline. Court official Wasiur Rahman said the court granted bail of 10,000 takas ($120) in bonds in each of the three cases. Defence lawyer Mustafizur Rahman Khan said Yunus would not be required to appear in person before the court until any indictments are handed down.