ON the evening of Feb. 17, a white sedan pulled up to Shastri Bhawan, a drab brick-and concrete government building in central New Delhi, and parked at the front gate.
As with most edifices of bureaucracy in India, the streets outside of Shastri Bhawan, named for India’s second prime minister, are a jumble of activity during the day: people shuffling by with documents in their hands as shoeshine men wait for business, auto rickshaws honking their way through traffic, snack vendors tending pans of frying lentils.
But at 9 p.m., with a sliver of a moon overhead, the tree-lined boulevards were quiet. Two men climbed out of the car— brothers who’d formerly worked in the building in positions with the official title of “multitasking staff,” a lowly position often referred to as “peon” in India’s stratified bureaucracy.
Lalta Prasad, 36, and Rakesh Kumar, 30, were jobless men who both left school after the 10th grade. With fake government passes in hand, the pair strolled in like they owned the place, went upstairs to the Ministry of Petroleum and Natural Gas, and began photocopying piles of documents, according to police reports.
Emerging two hours later with their illicit haul, they walked into the waiting arms of the cops. Prasad had a black bag slung over his right shoulder; inside was a stack of 95 pages ranging from a brief on “Further Opportunities in Sri Lanka” to assorted documents from the ministry’s Exploration Division. Kumar carried 109 pages, among them 38 ministry pages marked secret and two more about the national gas grid that were meant for the finance minister’s national budget speech.
Bu hikaye Bloomberg Markets dergisinin September 2015 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Bloomberg Markets dergisinin September 2015 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
See Which Countries Are Falling Behind On Climate Change
Under the Paris Agreement, 190 countries and the European Union pledged to take steps to hold the global temperature rise to less than 2C (3.6F) from preindustrial levels—and preferably 1.5C.
Billionaires Vie for the Future of Brazilian Finance
An escalating battle between two billionaires is upending the financial community in São Paulo, Latin America’s wealthiest city.
Ford Foundation's Darren Walker: ‘We Have to Get Uncomfortable'
DARREN WALKER, 62, disrupted his Wall Street life more than 25 years ago when he left what is now UBS Group AG to volunteer at a school and eventually pursue a career in community development and philanthropy. Since 2013 he’s been at the pinnacle of the philanthropic world as president of the Ford Foundation, created by the family of automaker Henry Ford during the Great Depression to advance human welfare.
Fueling the Ener Transition
I MAY BE BIASED, but some of the most important research and data on the Bloomberg terminal lies in one of its lesser-known functions: {BNEF }
Dig Into Analysts' Estimates for Disruptive Companies
THE PANDEMIC ERA generated a whole wave of disruptive companies as it accelerated the introduction of new products and services in areas including artificial intelligence, digitization, electronic payments, online meeting platforms, and virtual currencies.
Climate Risks Come for Sovereign Credit
FOR YEARS climate scientists have warned about the ferocious wildfires and hurricanes that are now overwhelming many communities. Today alarms are ringing about a related financial danger: risks lurking within government bonds, the biggest part of the global debt market.
Responsible-Investing Pioneer Lydenberg Says ESG Needs An Upgrade
STEVE LYDENBERG’S passion for social change was inspired by anti-Vietnam War demonstrations, consumer boycotts, and the movement to divest from apartheid South Africa. But he didn’t take to the streets. Instead, Lydenberg turned to the world of finance to help catalyze societal change.
Engine No. 1's Grancio: ‘People Will Appreciate an Economic Argument'
ENGINE NO. 1 sent shock waves across corporate America in May when the fledgling investment firm won a boardroom battle with Exxon Mobil Corp., securing three seats on the oil and gas giant’s board after purchasing only about $40 million of its stock.
Find Out Which Companies May Ramp Up Payouts After Covid
AS THE PANDEMIC DISRUPTED business last year, many companies cut or suspended dividends. Which will boost their payouts when economies pick up again?
Get Into the Minds of Central Bankers as They Navigate Shocks
HAVE YOU EVER WONDERED how central bankers forecast the impact of shocks on the economy?