TELANGANA: KTR Grilled in Formula E Probe, Defiant Amid Jail Threat
Intensive ACB Interrogation
On June 16, 2025, BRS Working President K. T. Rama Rao (KTR) underwent an eight-hour interrogation by Telangana’s Anti-Corruption Bureau (ACB) regarding alleged financial irregularities in the Formula E race case. The probe focused on funds reportedly released to Formula E Operations (FEO), a London-based company, during the event’s organization in Hyderabad.
Cellphone Seizure Demand
ACB officials directed KTR to surrender mobile devices used during the Formula E race period, setting a deadline of June 18, 2025. KTR informed authorities he did not bring his cellphone to the interrogation, prompting further scrutiny from the agency.
Allegations and Defense
The investigation centers on claims of unauthorized financial transactions, with KTR accused of approving a ₹55 crore payment to FEO. KTR challenged the ACB, questioning the evidence of corruption and alleging repetitive questioning driven by political motives.
KTR’s Public Statement
Addressing the media at Telangana Bhavan post-interrogation, KTR accused Chief Minister Revanth Reddy of orchestrating the probe for political vendetta. He expressed readiness to face legal consequences, stating, “If they put me in jail, I will rest,” and vowed to attend further summons undeterred.
Political Context
KTR’s remarks framed the investigation as an attempt to tarnish his reputation and the BRS’s image, challenging Reddy to a public debate in the Assembly. He dismissed the allegations as baseless, asserting the funds were legitimately transferred to the beneficiary account.
Ongoing Investigation
The ACB’s probe into the Formula E case remains active, with the potential for further summons or legal action against KTR. The controversy has intensified political tensions in Telangana, drawing significant public and media attention.