“Politically Motivated”: KT Rama Rao On Charges In Formula-E Race Case

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New Delhi:

BRS working president KT Rama Rao asserted that he has “accomplished nothing incorrect” and termed the costs of corruption within the Components-E race case as “politically motivated”.

Telangana Excessive Courtroom on Tuesday dismissed the quash petition filed by him within the Components-E race case.

“I hope that I’ll get a constructive consequence within the Supreme Courtroom. This case that has been foisted in me is a frivolous case which has no substance…I do hope the Supreme Courtroom will hear my plea and can ship justice…I’ve requested the anti-corruption bureau officers as to what their objection is to taking my attorneys together with me…,” KTR informed ANI a day earlier.

“I’ll make a request in Excessive Courtroom about it…It’s a politically motivated case…I’ve nothing to cover and I’ve accomplished nothing incorrect…,” he added.

Notably, the courtroom additionally revoked the prior order that prevented his arrest.

Telangana’s Anti-Corruption Bureau (ACB) is investigating KTR’s alleged involvement in a cash laundering case over alleged monetary irregularities linked to the Components E race held in Hyderabad in February 2023.

On Monday, the ACB summoned KTR to its workplace in Hyderabad for questioning in reference to the case.

On December 19, Telangana ACB registered a case in opposition to the KTR over alleged funds, a few of it in overseas forex with out approvals, to conduct a Components E race in Hyderabad in the course of the earlier regime.

The Enforcement Directorate (ED) has additionally registered an enforcement case info report (ECIR) underneath the Prevention of Cash Laundering Act (PMLA) in opposition to KTR and others within the case.

Enforcement Directorate filed the ECIR after the Telangana ACB registered a First Info Report (FIR) in opposition to KTR and others within the Components-E funding case.

The FIR lists KTR as the first accused, with senior IAS officer Arvind Kumar and retired bureaucrat BLN Reddy named because the second and third accused, respectively.

The case was filed underneath relevant sections of the Prevention of Corruption Act, together with provisions of the IPC associated to legal breach of belief and conspiracy.

(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)



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