‘Monster is Gone’: Bangladesh interim leader Muhammad Yunus hails students revolution; PM Modi extends best wishes

News Network
August 12, 2024

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New Delhi: Nobel laureate Muhammad Yunus - who last week took oath as head of Bangladesh's interim government - has heaped praise on students who spearheaded protests against ousted Prime Minister Sheikh Hasina. "There is no doubt... because of the student-led revolution the whole government collapsed..." Mr Yunus told reporters after a Sunday night meet with the students.

"I said (to the students), 'I respect you... I admire you. What you have done is absolutely unparalleled... and because you ordered me to do this (to take charge of the interim administration) I accept...'," Mr Yunus said, recounting part of the conversation he had with the students.

Two of the student protesters - Nahid Islam and Asif Mahmud - are part of a 16-member advisory council that was sworn in with Mr Yunus. The 84-year-old won the 2006 Nobel Peace prize for his work in microfinance and setting up the Grameen Bank, which works for community development.

Mr Yunus has also stressed the wave of resignations of high-ranking public officials, including the Chief Justice of the Supreme Court and head of Bangladesh's central bank, was "conducted legally".

They had reportedly been issued ultimatums to quit.

"They want to have a new court," he said of the students. "So they went there and asked the chief justice to resign and put their pressure to make him resign."

"I'm sure they will find the legal way to justify all of this, because legally... all the steps were followed," he said. His office only agreed to publish these quotes Monday evening.

"Finally, this moment, the monster is gone," Mr Yunus also said, referring to Ms Hasina's departure and the end of what her critics said was an autocratic rule that stifled all dissent. 

However, Mr Yunus warned the interim government that public goodwill is a limited resource and that they would face many difficult decisions ahead. "The moment you start taking decisions, some people will like your decisions, some people will not like your decisions," he said. "...that's the way it works."

The interim government was formed after Bangladesh witnessed weeks of violence and clashes - triggered by protests over a jobs quota - forced Ms Hasina, a five-time PM, to resign and flee.

Sheikh Hasina left the Prime Minister's residence in Dhaka - hours before it was overrun - and flew to India in a Bangladeshi military aircraft. The 76-year-old, seen as a key ally of New Delhi, remains in an undisclosed location amid reports she will seek political asylum, possibly in the United Kingdom.

Following Ms Hasina's departure Md Yunus - who faced multiple corruption charges under the previous government and was in Europe while Sheikh Hasina was in power - was picked by the protesting to oversee democratic reforms.

His first act after being administered an oath of office - and taking the title of 'chief advisor' - was to lead a solemn tribute to the more than 450 people who died in the protests.

It is unclear when Bangladesh will hold an election to select a new Prime Minister. Whenever that is, Mrs Hasina is likely to return to contest, her son, Sajeeb Wazed Joy told The Times of India. "She will go back to Bangladesh the moment the interim government decides to hold an election," he said.

Modi's "Best Wishes"

Meanwhile, Prime Minister Narendra Modi has extended his best wishes to Mr Yunus,

"We hope for an early return to normalcy, ensuring the safety and protection of Hindus and all other minority communities. India remains committed to working with Bangladesh to fulfil the shared aspirations of both our peoples for peace, security and development," he wrote on X. 

With the change of guard in neighbouring Bangladesh, the Indian government now faces a diplomatic dilemma, even as China was also swift to welcome Dhaka's new authorities, saying it "attaches importance to the development" of relations.
 

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News Network
December 7,2024

In a stark reminder of the growing menace of cyber fraud, a man was duped of ₹46 lakh after falling prey to a fake stock market trading scam orchestrated via WhatsApp. The incident highlights the need for heightened awareness about online financial schemes and the importance of verifying investment opportunities.

How the Scam Unfolded
The victim reported receiving a WhatsApp message from a person posing as "Shraddha Belani," a supposed representative of ARES Management Corporation. The fraudster lured the victim with promises of a 500% profit through stock market trading. Trusting the offer, the victim followed an online registration link and was added to a WhatsApp group named ‘H 777 ARES Stock Exchange Group.’

The scam began small, with the victim transferring ₹2 lakh on October 24 to purchase stocks. He received a ₹50,000 profit the very next day, creating a false sense of trust. Encouraged by this, the victim made phased investments totaling ₹46 lakh.

The Trap Tightens
The fraud came to light on November 29 when the victim attempted to withdraw ₹20 lakh to meet financial needs. Unable to access his funds, he contacted the scamsters, who demanded an additional ₹8.78 lakh to "unlock" his account. At this point, the victim realized he had been duped and promptly filed a complaint via the Cyber Crime Portal.

Police Action and Awareness Message
A case has been registered at the Mangaluru Cyber Economic & Narcotics Crime (CEN) station, and an investigation is underway. Authorities are urging the public to exercise caution while engaging in online financial transactions and to verify the authenticity of investment opportunities before parting with their money.

Avoid Falling Victim

  1. Verify Sources: Never trust unsolicited messages, emails, or calls about investments.
  2. Beware of Unrealistic Promises: Offers of guaranteed high returns are often fraudulent.
  3. Consult Experts: Always seek advice from trusted financial advisors or institutions.
  4. Report Suspicious Activity: Use the Cyber Crime Portal to report scams promptly.

The incident serves as a stark warning against the perils of online fraud. Staying vigilant and skeptical can save you from falling into similar traps.

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News Network
December 10,2024

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Bengaluru: Karnataka has declared a holiday for state government offices, schools and colleges on Wednesday, December 11, in the wake of a state funeral for former chief minister S M Krishna, who passed away in Bengaluru on Tuesday.

The last rites of Krishna, 92, will be held at his native village of Somanahalli in Mandya's Maddur taluk.

A government order stated that the holiday would apply to private aided educational institutions too.

Besides, the government has declared three days of mourning (December 10-12), during which no public entertainment programmes would take place, while the national flag would fly at half-mast.

S M Krishna passed away at his residence on December 10, 2024. The 92-year-old veteran politician was ailing for quite some time, a family source said.

A charismatic leader with a modern outlook, he not only laid a strong foundation for the growth of IT and BT industries in Karnataka but also managed to get them onboard with the government to build “Brand Bengaluru” at the international level.

He held several prominent positions throughout his career as External Affairs Minister, Maharashtra Governor, Chief Minister of Karnataka, Speaker of Karnataka Legislative Assembly and Minister in the Karnataka government.

Although known for his tech savviness, flamboyancy, style and the Western outlook, the Congressman-turned-BJP senior leader was a hardcore Bengalorean who loved the city’s trees and flowers. SMK also had a love for tennis. Even when he was Chief Minister, he would visit the tennis court to play the game two to three times a week. 

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News Network
December 10,2024

Mangaluru: In a chilling reminder of the dangers lurking online, a man from Mangaluru fell victim to a sophisticated investment scam, losing a staggering ₹16.9 lakh. The fraudsters, posing as investment advisors, lured the victim via a WhatsApp group with promises of lucrative returns in the share market.

The trap was set when the victim clicked on a link sent by the fraudsters and downloaded a suspicious app. Over time, he transferred substantial sums of money to the fraudsters’ bank accounts, believing he was making profitable investments.

The scam unraveled when the victim tried to withdraw his money but found himself unable to do so. Realizing he had been duped, he lodged a complaint with the Mangaluru Rural Police, who have since registered a case and launched an investigation.

Be cautious

Always verify the authenticity of financial offers, especially when approached via social media or messaging apps. Avoid clicking on unsolicited links or downloading unverified apps. Stay vigilant to protect your hard-earned money from scammers.

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