The Enforcement Directorate (ED) has stepped into the Formula E-race case registered by the Telangana ACB against former minister and BRS working president KT Rama Rao. The ED officials have asked the Telangana ACB to provide details of the case registered against KTR.
It is learnt that the ED has asked to provide details of the amount transferred from the HMDA account along with the FIR copy. The ED officials have also asked to send a copy of Dana Kishore’s complaint. The ED has also asked to provide details of the dates of transactions related to the Formula E car race.
It is reported that a case is likely to be registered against KTR under the Prevention of Money Laundering Act. According to the ACB, Rs. 55 crore was transferred from Hyderabad Metropolitan Development Authority funds to Formula E operations without proper permissions. This case revolves around this.
In this context, the Anti-Corruption Department registered an FIR on Thursday. KTR has been included as A1. Earlier, Municipal Administration Special Chief Secretary Arvind Kumar was included as A2 and HMDA Chief Engineer BLN Reddy as A3. Prior to that, the Telangana Governor Jishnu Dev Verma, after consulting the Attorney General on December 12, 2024, gave permission for prosecution against KTR and Arvind Kumar.
After that, the state cabinet ordered Chief Secretary Shanti Kumari to start an ACB investigation into these allegations.. However, KTR denied the allegations against him. He made it clear that he would face them legally. He asserted that ‘with the words of Minister Ponnam Prabhakar, it has been found that there is no corruption in this case. The HMDA Act itself states that money can be spent on any program that is useful for the progress of Hyderabad city’.
Further, KTR said that Government permissions are not required for every work done by HMDA and it has independence to that extent. He has filed a lunch motion petition in the Telangana High Court against the ACB case.
However, the Telangana ACB which registered a case against former minister KTR accused him of misappropriating government funds. A case was registered against KTR under 4 sections. A case was registered under 13 (1) A, 13 (2) PC Act, 409, 120B. KTR filed a quash petition in the high court on this.
