THE BJP PULLED OFF a ‘smooth transition’ in Karnataka in July when it replaced B.S. Yediyurappa, its tallest leader in the state, with Basavaraj Bommai as chief minister. Though a surprise pick, Bommai seemed the party’s best bet to retain power in the crucial state owing to his proximity to Yediyurappa (who still holds sway over the politically important Lingayat community), amiable nature, administrative experience and clean image. Even Union Home Minister Amit Shah gave him a rare endorsement when he announced that the party would go to the 2023 assembly polls under Bommai’s leadership.
Though he managed to steady the ship in four months, Bommai has now sailed into a storm with the opposition Congress alleging that his government protected those involved in an unfolding Bitcoin scam.
Srikrishna Ramesh alias Sriki, 26, a self-proclaimed hacker from Jayanagar in Bengaluru, was arrested on November 4, 2020, by the Bengaluru Police’s Central Crime Branch (CCB) under the Narcotic Drugs and Psychotropic Substances Act. He was accused of procuring drugs using Bitcoins and peddling them to high-profile clients. During interrogation, the CCB found that Sriki was involved in several other crimes, including the 2016 Bitfinex hack—one of the largest Bitcoin heists in the world— and the hacking of the Karnataka government’s e-procurement portal. Bommai was the home minister when he was arrested.
Esta historia es de la edición November 28, 2021 de THE WEEK.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 28, 2021 de THE WEEK.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
What Will It Take To Clean Up Delhi Air?
IT IS ASKED, year after year, why Delhi’s air remains unbreathable despite several interventions to reduce pollution.
Trump and the crisis of liberalism
Although Donald Trump's election to a non-consecutive second term to the US presidency is not unprecedented—Grover Cleveland had done it in 1893—it is nevertheless a watershed moment.
Men eye the woman's purse
A couple of months ago, I chanced upon a young 20-something man at my gym walking out with a women’s sling bag.
When trees hold hands
A filmmaker explores the human-nature connect through the living root bridges
Ms Gee & Gen Z
The vibrant Anuja Chauhan and her daughter Nayantara on the generational gap in romance writing
Vikram Seth-a suitable man
Our golden boy of literature was the star attraction at the recent Shillong Literary Festival in mysterious Meghalaya.
Superman bites the dust
When my granddaughter Kim was about three, I often took her to play in a nearby park.
OLD MAN AND THE SEA
Meet G. Govinda Menon, the 102-year-old engineer who had a key role in surveying the Vizhinjam coast in the 1940s, assessing its potential for an international port
Managing volatility: smarter equity choices in uncertain markets
THE INDIAN STOCK MARKET has delivered a strong 11 per cent CAGR over the past decade, with positive returns for eight straight years.
Investing in actively managed low-volatility portfolios keeps risks at bay
AFTER A ROARING bull market over the past year, equity markets in the recent months have gone into a correction mode as FIIs go on a selling spree. Volatility has risen and investment returns are hurt.