ACB’s grip on KTR in Formula-E race case, questioning to be held on January 6

Formula E Race Case: The Anti-Corruption Bureau (ACB) of the Telangana Police on Friday summoned former minister and Bharatiya Rashtra Samithi (BRS) chief KT Rama Rao on January 6 in reference to a case associated to alleged fee irregularities in the course of the Formula E race, scheduled for February 2023. Issued discover to seem.

The Telangana ACB had final month registered a case in opposition to KT Rama Rao over alleged funds, a few of which have been made in international foreign money with out approval in the course of the earlier authorities. Rama Rao is also called KTR. The Telangana High Court has granted anticipatory bail to Rao until the order is pronounced on the petition searching for quashing of the FIR lodged by the ACB in the Formula-E race case. The Formula-E race was to be held in February 2023.

What is the Formula-E race case in opposition to KTR?

Telangana ACB on December 19, 2024 in opposition to BRS working president and MLA Rama Rao for allegedly making funds in the course of the earlier regime to set up the Formula-E race in Hyderabad, a few of which have been made in international foreign money with out approval , registered a case concerning. Governor Jishnu Dev Verma had just lately given permission to register a case in opposition to Rama Rao on this subject.

What was the matter?

Earlier in the yr 2024, the federal government had sought an evidence from Arvind Kumar for signing an settlement associated to the Formula-E race, in which Rs 55 crore was paid with out the approval of the competent authority. Most of this was in international foreign money. Later, Formula E introduced the cancellation of the Hyderabad E-Prix, accusing the brand new Telangana authorities of breach of contract. The second Formula-E race in India was scheduled to be held on 10 February.

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