India News | Formula-E Race Case: Telangana Anti-graft Body Summons BRS Leader KTR to Appear Before It on Jan 6

Hyderabad, Jan 3 (PTI) Telangana Police Anti-Corruption Bureau (ACB) on Friday issued notice to former minister and BRS leader K T Rama Rao to appear before it on January 6 in connection with a case linked to alleged payment irregularities during the Formula-E race supposed to be held here in February 2023.

The Telangana ACB last month registered a case against Rao, also known as KTR over alleged payments, some of it in foreign currency without approvals, to conduct the race during the previous regime.

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The Telangana High Court gave protection against arrest to Rao, until the order on a petition seeking to quash the FIR registered against him by the ACB in the Formula-E race issue, is pronounced.

KTR, who was Municipal Administration Minister during the previous BRS regime, was also summoned by the ED for questioning on January 7 over alleged irregularities with regard to conducting the race in Hyderabad.

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The case was registered under relevant sections of the Prevention of Corruption Act and IPC dealing with criminal misappropriation, criminal misconduct, criminal breach of trust and criminal conspiracy that allegedly resulted in loss to the government exchequer to the tune of about Rs 55 crore.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)