Muhammad Yunus formed a new political party in Bangladesh.

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The above statement is true.
Muhammad Yunus formed a new political party in Bangladesh. He is a Bangladeshi economist. Yunus garnered numerous international awards for his efforts to advance economic and social growth for the benefit of the underprivileged. He and the Grameen Bank shared the Nobel Peace Prize in 2006. He decided to form a political party and run for office in the parliamentary elections in February 2007 in Bangladesh. His goals were to promote effective leadership, sound government, and the creation of a new Bangladesh. In his opinion, only an alternative political party could usher in a new political culture.

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