Probe Against KTR Over Alleged Irregularities In Formula E Race: Sources

The Telangana governor has cleared an investigation against BRS leader and former state minister KT Rama Rao over alleged irregularities to the tune of Rs 55 crore in the organisation of a Formula E race in Hyderabad last year, sources said on Friday. 

Mr Rao, who is also known as KTR, held the Industry and Municipal Administration and Urban Development portfolios, among others, under the previous government headed by his father and Bharat Rashtra Samithi (BRS) Chief K Chandrashekar Rao. 

The Anti-Corruption Bureau had sought Telangana Governor Jishnu Dev Verma’s nod to investigate KTR in the Formula E case. The Bureau has alleged that, as the Municipal Administration and Urban Development (MAUD) minister, Mr Rao had given oral instructions for the transfer of Rs 55 crore to the race’s organisers, bypassing laid-down procedures. 

During the Anti-Corruption Bureau’s (ACB) investigation, which was triggered by a complaint from MAUD, a senior official from the department, Arvind Kumar –  who held the post of principal secretary at the time – had admitted that the instructions had been issued verbally by the then minister. 

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