BRS leader KT Rama Rao booked for alleged irregularities in Formula E event payment
The former state minister has denied the corruption allegations.
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The Anti-Corruption Bureau in Telangana on Thursday booked Bharat Rashtra Samithi leader and former state minister KT Rama Rao in connection with alleged irregularities in conducting the Formula E car racing event in Hyderabad in February 2023, reported The Indian Express.
Aravind Kumar, the former Municipal Administration and Urban Development principal secretary, and BLN Reddy, the chief engineer of the Hyderabad Metropolitan Development Authority at the time, were also named in the first information report.
The FIR was registered on a complaint filed by Municipal Administration and Urban Development Principal Secretary M Dana Kishore on Wednesday, according to The Hindu.
Kishore alleged that a payment of Rs 54.88 crore was made to Formula E Operations Limited and others in “gross violation of established procedures” while Rao was the Municipal Administration and Urban Development minister.
Rao, son of former Chief Minister K Chandrashekar Rao, has denied irregularities in the payments made for the events.
The Telangana High Court on Friday granted interim relief to Rao. The court ordered that the former minister cannot be arrested in the matter till December 30.
According to the FIR, the Municipal Administration and Urban Development department signed an agreement with United Kingdom-based Formula E Operations Limited and India-based Ace Nxt Gen Private Limited for conducting the Formula E races for seasons 9, 10, 11 and...