Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) on Monday, January 6 reached the Anti Corruption Bureau (ACB) office in Hyderabad ahead of the questioning in connection with the alleged Formula E scam.
The former Telangana minister arrived at the office along with his legal team; however KTR was stopped outside the ACB office. Addressing the media, the Sircilla MLA said, “Telangana police are colluding against me. They might even plant evidence against me at my home, like they did to former MLA Patnam Narender Reddy and obtained a fake confession from him.”
It is to be noted that the Telangana ACB had registered a case of corruption against KTR over alleged financial irregularities of over Rs 54.88 crore, in payments between HMDA and UK-based Formula-E Operations Limited (FEO).
ACB summons KTR in Formula E race case
The ACB registered the FIR under Sections 13(1)(A) and 13(2) of the Prevention of Corruption Act, along with Sections 409 and 120(B) of the Indian Penal Code.
Following the ACB case, the ED registered an Enforcement Case Information Report (ECIR) under the PMLA, against KTR, Arvind Kumar and BLN Reddy.
As per the original tripartite agreement in the Formula E race in Hyderabad, signed in October 2022 between the Telangana government, FEO, and event sponsor Ace Nxt Gen Pvt Ltd, the government’s role was limited to providing infrastructure and civic amenities for the race.
