metro india news  I hyderabad

The Telangana Anti-Corruption Bureau (ACB) has served a notice to BRS Working President K T Rama Rao to appear before it on June 16 as part of its ongoing inquiry in the Formula E race case.

K T Rama Rao was asked to appear at 10 a.m. on June 16. The ACB had earlier asked Rama Rao to appear on May 28 but he sought time in view of his scheduled visit to the US and UK. The ACB accepted his explanation and has now sent a fresh notice. Rama Rao had then called the action as political vendetta against him and lashed out at Chief Minister A Revanth Reddy.

The BRS Working President, who was the Municipal Administration Minister during the previous BRS regime, was questioned by the ACB in January this year in connection with the Formula E race case. The ACB has registered a case against him over alleged payments, most of them in foreign currency without approvals, for conducting the Formula E race in Hyderabad in February 2023 during the previous BRS government.

The case pertains to alleged financial irregularities of nearly Rs 55 crore during the organization of the Formula E race held in Hyderabad under the previous BRS government. According to the FIR filed by the ACB, KTR has been named as A-1, followed by senior IAS officer Arvind Kumar A-2 and former HMDA chief engineer BLN Reddy A-3.

Though the race was supposed to be held in February 2024 as well, it was cancelled after the Congress government assumed office in December 2023. The ACB suspects misappropriation of funds during the planning and execution of the event, which was touted as a major international sporting spectacle. Chalamalasetty Anil Kumar, Managing Director of Greenco Ace Next Gen, has also been questioned in the case.