"formula-e"

The Telangana ACB has filed a charge sheet against BRS leader K.T. Rama Rao and four others over alleged ₹55 crore irregularities in the Formula E race. The probe focuses on unauthorized foreign currency transfers.

BRS working president KT Rama Rao termed the phone-tapping case a politically motivated diversion by the Congress government. He accused the SIT of acting at the Chief Minister’s behest, said he would comply with the summons, and alleged misuse of police machinery

BRS working president KT Rama Rao has called the ACB’s Formula‑E case against him “bogus,” insisting all Rs. 46 crore released for the event was properly transferred to the designated account. In a bold retort, he challenged Chief Minister A. Revanth Reddy to a live televised debate and lie‑detector test to let the public decide who is truthful.

Says Hyderabad will become landmark on the globe, this is a big opportunity and hospitality will be extended to representatives of over 3,000 newspapers and TV channels

Terming this a historic humiliation for Telangana, he blamed the Congress government for admitting to financial mismanagement even before presenting the State budget.

These comments, which he made during an interview with a YouTube channel, are going viral on social media platforms. Accordingly, TPCC president Mahesh Kumar Goud said he would examine the Khairatabad MLA’s interview and respond accordingly.

There should not be iota of doubt that Formula e- race had helped in boosting Hyderabad’s image further, says BRS MLA Danam Nagender, who shifted loyalties to Congress

BRS leaders detained at their homes anticipating trouble, say sources

ACB reportedly records former Special Chief Secretary's statement in connection with agreement entered into by MAUD for conducting race while Model Code of Conduct was in force

Telangana High Court to take up hearing of Lunch motion by KT Rama Rao at 4 p.m

Write open letter to Telangana CMO stating it could have severe repercussions on foreign investors, impact Congress’ national reputation

Rama Rao's counsel argued that the alleged offence under 409 IPC was not made out as there cannot be ‘entrustment’ of ‘public money’ in an elected legislator. He emphasised that the primary ingredient of criminal breach of trust was lacking as there was no dishonest intention and misappropriation as required under the law

Harish Rao dismissed allegations of quid pro quo, stating that Greenko Group bore the expenses of hosting the international event, which enhanced Hyderabad's global reputation.

The case registered by the State ACB involves allegations of misappropriation of funds and abuse of power during KTR's tenure as the Minister of MA&UD department.

BRS working president says he has full faith in the judiciary, slams Revanth Reddy for misusing investigative agencies for political vendetta

Rama Rao had sought to quash the case, claiming the allegations against him were politically motivated and legally unfounded

Enforcement Directorate reportedly responds positively to his request

Directs State government to file a counter to the petition challenging the committees and adjourned further hearings to January 24

Harish Rao hailed the High Court's decision preventing the arrest of the BRS working president in the alleged Formula E case, calling it a moral victory. He criticized Revanth Reddy for making false accusations of Rs 600 crore corruption in the Formula E racing event. "According to a Nielsen survey, the event generated Rs 700 crore in economic benefits for the State in its first year alone. Despite clear evidence, Revanth continues to spread lies to mislead the public," he stated.

Former Ministers G Jagadish Reddy, Vemula Prashanth Reddy, and Talasani Srinivas Yadav said the government was using false allegations against Rama Rao to divert attention from its unfulfilled promises to the public