Case against KT Rama Rao over Rs 45 crore payment linked to 2023 Formula-E race
Trending News
4 days, 14 hours ago

Case against KT Rama Rao over Rs 45 crore payment linked to 2023 Formula-E race

India Today  

The Anti-Corruption Bureau on Thursday filed an FIR against Telangana’s Bharat Rashtra Samithi working president and MLA, KT Rama Rao, over alleged irregularities in hosting the Formula-E race during the previous regime, official sources revealed. KTR has been named the prime accused, with former Municipal Administration and Urban Development Principal Secretary Arvind Kumar and former Hyderabad Metropolitan Development Authority Chief Engineer BLN Reddy as the second and third accused. This led to a Rs 8 crore fine imposed on the Telangana government by the RBI, which was later paid by the Congress government after assuming office in December 2023. KTR, son of former Chief Minister K Chandrashekhar Rao, served as the Municipal Administration Minister during the BRS regime, and played a key role in hosting the first Formula-E race in Hyderabad last year.

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History of this topic

Formula E race case: BRS tense as ACB, ED likely to expedite probe
14 hours, 33 minutes ago

Formula E race case: BRS tense as ACB, ED likely to expedite probe

New Indian Express  

HYDERABAD: Tension seems to be building up in the Bharat Rashtra Samithi circles over the next move of the Anti-Corruption Bureau and Enforcement Directorate in the investigation into the Formula E Race case. Both the agencies have registered cases against BRS working president and former IT minister KT Rama Rao, former IAS officer Arvind Kumar and former Hyderabad Metropolitan Development …

We saved a potential loss of Rs 600 crore by denying permission to Formula E-car race: CM
3 days ago

We saved a potential loss of Rs 600 crore by denying permission to Formula E-car race: CM

Deccan Chronicle  

Hyderabad: Chief Minister A. Revanth Reddy said that the Formula E-car race scam was not limited to the Rs 55 crore that has already been paid but it could have resulted in losses of up to Rs 600 crore if the Congress government had not intervened. The Chief Minister said that he had come to know that Rs 55 crore …

Formula-E Race "Scam": Telangana HC Grants Interim Protection From Arrest To BRS's KT Rama Rao Till December 30
3 days, 2 hours ago

Formula-E Race "Scam": Telangana HC Grants Interim Protection From Arrest To BRS's KT Rama Rao Till December 30

Live Law  

The Telangana High Court in an interim order on Friday has granted protection from arrest to BRS MLA KT Rama Rao till December 30, in an FIR over alleged irregularities in the conduct of Formula-E race in Hyderabad when BRS was in power. Issuing notice to the state and asking them to file their response, Justice N V Shravan Kumar …

Telangana HC provides relief to K.T. Rama Rao; no arrest till December 30 in Formula E race case
Top News
3 days, 2 hours ago

Telangana HC provides relief to K.T. Rama Rao; no arrest till December 30 in Formula E race case

The Hindu  

The Telangana High Court has passed an interim order not to arrest former Minister and Bharat Rashtra Samithi working president K.T. Rama Rao till December 30 in a case of corruption registered by Telangana ACB over release of funds for Formula-E Race during BRS government. In a relief for Mr. Rama Rao, Justice N. Shravan Kumar Venkat of the High …

Hyderabad Formula E funding case: More trouble for KTR as ED to file case
3 days, 14 hours ago

Hyderabad Formula E funding case: More trouble for KTR as ED to file case

India Today  

The Enforcement Directorate was preparing to register an Enforcement Case Information Report under the Prevention of Money Laundering Act against former minister KT Rama Rao and others over alleged financial irregularities linked to the Formula E race held in Hyderabad in February 2023. This comes after the Telangana Anti-Corruption Bureau registered a First Information Report against KTR and others in …

Telangana: KT Rama Rao gets big relief, not to be arrested till Dec 30 in Formula-E race case
Trending News
3 days, 14 hours ago

Telangana: KT Rama Rao gets big relief, not to be arrested till Dec 30 in Formula-E race case

India TV News  

BRS leader KT Rama Rao on Friday got huge relief as the Telangana High Court directed the Anti-Corruption Bureau officials not to arrest him till December 30 in the Formula-E race case. The development come while High Court judge Justice Natcharaju Shravan Kumar Venkat was hearing a Lunch Motion petition moved by Rama Rao seeking to quash the FIR filed …

ACB Files Corruption Case Against KT Rama Rao Over Irregularities Linked To Hyderabad Formula-E Race
Trending News
4 days ago

ACB Files Corruption Case Against KT Rama Rao Over Irregularities Linked To Hyderabad Formula-E Race

ABP News  

The Anti-Corruption Bureau on Thursday lodged an FIR against Telangana’s Bharat Rashtra Samithi working president and MLA KT Rama Rao in connection with alleged irregularities in the Formula-E race in Hyderabad. Besides him, the ACB has also named former Municipal Administration and Urban Development Principal Secretary Arvind Kumar and former Hyderabad Metropolitan Development Authority Chief Engineer BLN Reddy as accused. …

Formula-E race issue: Case registered against BRS leader K.T. Rama Rao
4 days ago

Formula-E race issue: Case registered against BRS leader K.T. Rama Rao

The Hindu  

The Anti-Corruption Bureau on Thursday registered an FIR against BRS working president and MLA K T Rama Rao over alleged irregularities in the conduct of Formula-E race in Hyderabad during the previous regime, official sources said. Telangana Governor Jishnu Dev Varma had recently granted permission to register a case against Rama Rao, over the issue. Rama Rao, who was the …

Telangana: BRS leader KT Rama Rao booked over irregularities in Formula-E race payment
Trending News
4 days, 14 hours ago

Telangana: BRS leader KT Rama Rao booked over irregularities in Formula-E race payment

India TV News  

The Telangana Anti-Corruption Bureau on Thursday registered a case against Bharat Rashtra Samithi working president and former minister KT Rama Rao in connection with alleged irregularities in organising the Formula E car racing event held in Hyderabad in February last year. The ACB has also named former Municipal Administration and Urban Development principal secretary Arvind Kumar as the second accused …

KTR challenges Revanth Reddy for Telangana Assembly debate on Formula E row
Top News
4 days, 14 hours ago

KTR challenges Revanth Reddy for Telangana Assembly debate on Formula E row

India Today  

BRS working president KT Rama Rao, popularly known as KTR, on Thursday openly challenged Chief Minister Revanth Reddy, urging him to initiate a discussion in the Telangana Assembly on the Formula E race controversy. The Anti-Corruption Bureau filed a corruption case against KTR over alleged irregularities in a Formula E race held at Hyderabad in February 2023. KTR defended the …

BRS leader KTR named accused no.1 by Anti-Corruption Bureau in Formula E race case
4 days, 14 hours ago

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

New Indian Express  

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 …

Governor nod for probe against KT Rama Rao may open Pandora’s box
5 days, 14 hours ago

Governor nod for probe against KT Rama Rao may open Pandora’s box

New Indian Express  

HYDERABAD: A thorough probe into the allegations of irregularities in organising the Formula-E race may spell more trouble for former minister KT Rama Rao, as the ACB is expected to register a case under the Prevention of Corruption Act. Meanwhile, sources disclosed that, in addition to the probe, the ACB is considering raids on the residences of Rama Rao, his …

Formula E Car Race Scam: CS Writes to ACB Seeking Probe Against KTR
Trending News
5 days, 18 hours ago

Formula E Car Race Scam: CS Writes to ACB Seeking Probe Against KTR

Deccan Chronicle  

Hyderabad: Chief Secretary A. Santhi Kumari on Tuesday wrote to the Director-General, Anti-Corruption Bureau asking him to initiate a probe against BRS working president K.T. Rama Rao in connection with alleged irregularities amounting to Rs.55 crore in the Formula E car race held in Hyderabad during the BRS regime in 2023, official sources said. The development follows the state Cabinet …

Telangana governor clears prosecution against KTR over Formula E funding misuse
6 days, 14 hours ago

Telangana governor clears prosecution against KTR over Formula E funding misuse

India Today  

Telangana Governor Jishnu Dev Varma approved the prosecution of KT Rama Rao, former state minister and Bharat Rashtra Samithi working president, for allegedly misusing Rs 55 crore during the Hyderabad Formula E race. KTR, former Principal Secretary Arvind Kumar, and Hyderabad Metropolitan Development Authority Chief Engineer BLN Reddy are likely to be named in the case. The case involves alleged …

Formula E Race Noose Tightens Around KTR After Governor Gives Nod for ACB Probe
1 week, 2 days ago

Formula E Race Noose Tightens Around KTR After Governor Gives Nod for ACB Probe

Deccan Chronicle  

Hyderabad: Governor Jishnu Dev Varma has reportedly granted permission to the Anti-Corruption Bureau to prosecute BRS working president K.T. Rama Rao, the former municipal administration and urban development minister, in connection with alleged irregularities in the payment of Rs 55 crore for the conduct of a Formula E car race at Hyderabad in February 2023, official sources said here on …

KTR defends payment of Rs 55 cr to FIA
Trending News
1 month, 2 weeks ago

KTR defends payment of Rs 55 cr to FIA

Deccan Chronicle  

Hyderabad: BRS working president K.T. Rama Rao on Thursday defended the payment of Rs 55 crore to FIA for the Formula-E race in the city, which was cancelled by the Congress government. Rama Rao, the former municipal administration and urban development minister, said that he signed a file approving the payment, it was well within his scope. Rama Rao accused …

Governor's nod sought to prosecute KTR
1 month, 2 weeks ago

Governor's nod sought to prosecute KTR

Deccan Chronicle  

Hyderabad: The state government has sought Governor Jishnu Dev Varma’s permission to prosecute former municipal administration and urban development minister and BRS working president K.T. Confirming the development to Deccan Chronicle in an exclusive interview, Chief Minister A. Revanth Reddy said ACB as an autonomous investigative agency, which probes corruption allegations level against state employees and public representatives and it …

'Regressive decision': KCR's party leader slams Congress after Formula E exits Hyderabad
11 months, 2 weeks ago

'Regressive decision': KCR's party leader slams Congress after Formula E exits Hyderabad

India Today  

Bharat Rashtra Samithi working President and former Telangana Minister KT Rama Rao, popularly known as KTR, on Saturday criticised the ruling Congress after Formula E cancelled the Hyderabad E-Prix, which was slated for February 10. He called the Congress's decision to not continue Formula E in Hyderabad a "poor" and a "regressive decision". He also mentioned that it took a …

Fresh 'Concerns' Emerge Over Formula E Race in Hyderabad After Change of Guard in Telangana
11 months, 3 weeks ago

Fresh 'Concerns' Emerge Over Formula E Race in Hyderabad After Change of Guard in Telangana

News 18  

Formula E has raised fresh concerns over its race in Hyderabad, saying it might not be able to go ahead with the round scheduled for February 10 following the latest communique from the new Telangana government. “Following a recent official communication received from the new Government of Telangana, Formula E is seeking urgent clarification of their contractual commitments under the …

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