ACB files charge sheet against KTR and four others 'Formula E Case'

The Telangana ACB has filed a charge sheet in a court here in the Formula E race case in which BRS Working President K T Rama Rao is the prime accused.

The charge sheet, filed on Monday, also names senior IAS officer Arvind Kumar, former Hyderabad Metropolitan Development Authority chief engineer B L N Reddy, and two others.

The probe pertains to alleged irregularities in payments of around Rs 55 crore, mostly in foreign currency, for the Formula E race planned for 2024 during the previous BRS



government.

The payment allegedly violated laid-down procedures.

The race was held in Hyderabad in February 2023, while the second edition, scheduled for 2024, was cancelled after the Congress government assumed office in December 2023.

In December 2024, the Anti-Corruption Bureau (ACB) registered a case against Rama Rao, Kumar, and Reddy under relevant provisions of the Prevention of Corruption Act and the Indian Penal Code, for charges including criminal misappropriation, breach of trust, and conspiracy.