BRS leader KTR named accused no.1 by Anti-Corruption Bureau in Formula E race case

HYDERABAD: In two major developments in Telangana on Thursday, BRS working president KT Rama Rao was named Accused-1 in the Formula E race case by the Anti-Corruption Bureau, and Chief Minister A Revanth Reddy announced the formation of a Special Investigation Team to probe alleged irregularities in the Outer Ring Road lease tenders. Formula E race case While the ACB has named KTR, who was the former municipal administration minister, as Accused-1 in the Formula E race case, the then municipal administration special chief secretary Arvind Kumar has been listed as A-2, and former Hyderabad Metropolitan Development Authority chief engineer BLN Reddy as A-3. It may be recalled that after Arvind Kumar’s transfer, IAS officer Dana Kishore, who assumed charge as principal secretary of the municipal administration department, lodged a formal complaint with the ACB in December 2024. According to the complaint, a tripartite agreement was signed on October 25, 2022, between Formula E Operations Limited, a company registered under UK laws, the Municipal Administration and Urban Development department, and Ace Nxt Gen Private Limited, to conduct Formula E races for Seasons 9, 10, 11, and 12 in Hyderabad.