Raising the heat on BRS working president KT Rama Rao in the Formula E case, the Telangana Anti-Corruption Bureau (ACB) has sought impounding of his passport.
Funds were allegedly released without mandatory state cabinet, finance department, or RBI approvals. The ACB has accused KTR and other officials of alleged financial and procedural violations. The case relates to alleged irregularities in the transfer of around Rs 55 crore of government funds for the Formula E event held during the previous BRS government in 2023. The case was filed on December 19, 2024, after the Congress government came to power.
KTR has denied wrongdoing and said he would cooperate with the judicial process. Speaking to the media after his court appearance, KTR accused the Congress government of “malicious propaganda” against the Opposition and ignoring governance. “For the last three years, ever since the Congress government came to power, its entire focus has been on targeting the Opposition,” he said, alleging that the government was trying to “harass and trouble” former chief minister KCR and BRS leaders.
In the Formula E case, KTR defended the race as an initiative intended to enhance Hyderabad’s profile and attract investment into the electric-vehicle sector.
