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Governor gives nod for prosecution of KTR in Formula E case
The Free Press Journal - Bhopal
|November 21, 2025
Telangana Governor Jishnu Dev Varma has given the go-ahead to the Anti-Corruption Bureau (ACB) to take legal action against former minister K. T. Rama Rao (KTR) in connection with the Formula-E car race case, which involves suspected misappropriation of Rs 54.88 crore in public funds. However, the police officials have not yet made an official statement regarding this matter.
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This case stems from a complaint lodged on October 18, 2024, by M. Dana Kishore, Principal Secretary of the Municipal Administration and Urban Development (MA&UD) department. In the complaint, he accused the Hyderabad Metropolitan Development Authority (HMDA) of causing a loss of Rs 54.88 crore to the state treasury by making payments to Formula-E Operations Limited (FEO) without obtaining the necessary approvals from the
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