KTR gets 7 days relief from Telangana High Court in Formula E racing case

Hyderabad:

Bharat Rashtra Samithi (BRS) working president KT Rama Rao has received a week's relief from the Telangana High Court in the Formula E racing case. The High Court said that Mr Rao or KTR cannot be arrested for a week.

The court order came hours after Telangana Chief Minister Revanth Reddy agreed to hold a discussion on the Formula E racing issue in the state assembly, days after KTR challenged Mr Reddy to initiate a discussion on the matter.

The Telangana Anti-Corruption Bureau (ACB) yesterday filed a First Information Report (FIR) under the Prevention of Corruption Act against KT Rama Rao (KTR) and two others over alleged financial irregularities in organizing the Formula E racing event in Hyderabad.

“I am requesting you (Speaker) and the government whether this government has even a little bit of honesty and courage that the public should know the facts. They (government) say that there is some scam in e-Race. On this Allow discussion. “I am ready to answer all questions,” KTR said on Wednesday.

He wrote a letter to Mr. Reddy the same day asking him to discuss the issue in the Assembly.

KTR said in the letter that the previous government had agreed to the Formula E race with the organizers “in good faith” to benefit Telangana and Hyderabad city. He said that this race was successfully organized in 2023, which was praised from all sides.

“While another edition of the race was planned for 2024, your government unilaterally canceled it soon after coming to power. Since then, as part of your political vendetta, your Congress government has been ignoring the media about this race. Spreading many lies through the medium, creating unnecessary doubts among the public,” KTR wrote.

The former minister claimed that the Formula-E race agreement was completely transparent and all payments made to the organizers were transparent.