Dhaka, Feb. 17 -- Seven entities at Grameen Telecom Bhaban have been taken control of in compliance with the law, Grameen Bank Chairman AKM Saiful Majid has claimed.

Nobel Laureate Dr Muhammad Yunus holds no ownership or share in these entities, he told a press conference at the Grameen Bank Office in Dhaka's Mirpur, which the bank organised to counter Dr Yunus's recent allegations that Grameen Bank had forcefully taken control of their eight entities, which he had established with his business profits, local media reported.

Mr Majid claimed that Dr Yunus had not established the entities with his business profits, but rather with funds from Grameen Bank.

He alleged evidence of Dr Yunus laundering money abroad.

A seven-month audit, the...