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ED questions KTR in Formula E case
The New Indian Express Coimbatore
|January 17, 2025
Foreign currency transactions and Ace Nxt Gen's withdrawal as a race promoter under agency lens
BRS working president and former Municipal Minister KT Rama Rao appeared for the first time before the Enforcement Directorate (ED) in connection with the Formula E Race case registered against him.
During the seven-hour-long questioning, the ED officials sought Rama Rao to submit the details of his bank accounts and assets, to which Rama Rao agreed.
It may be recalled that Rama Rao appeared before the Anti-Corruption Bureau in the same case on January 9, 2025.
After the ACB registered a case, the registered ECIR for suspected money laundering.
According to KTR, the ACB asked him around 80 questions, and the ED asked over 40 questions.
This story is from the January 17, 2025 edition of The New Indian Express Coimbatore.
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