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ACB Grills KTR for Seven Hrs in Formula-E Race

The New Indian Express Anantapur

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January 10, 2025

On allegations of corruption, Rama Rao says funds released by govt reached FEO, hence the issue does not arise

- CHITHALURI REVANTH @Hyderabad

A team of ACB officials, comprising the agency's joint director Ritira, DSP Majid Ali Khan and deputy director SVN Shivaram, on Thursday grilled former Municipal Administration minister KT Rama Rao for over seven hours as part of the investigation into the allegation of corruption in organising the Formula-E car race in 2023.

Rama Rao, accompanied by senior advocate J Ramachandra Rao, reached the heavily barricaded ACB office at Banjara Hills at 10:10 am.

According to sources, Rama Rao was reportedly asked whether he was aware of the alleged illegality in the transfer of funds to a foreign firm, the reason behind the payment at a time the Model Code of Conduct (MCC) was in force, and why no prior approval from the Cabinet or RBI was obtained.

FLERE HISTORIER FRA The New Indian Express Anantapur

The New Indian Express Anantapur

The New Indian Express Anantapur

SGPC mulls ban on lone woman for Pak jathas after pilgrim goes missing

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The New Indian Express Anantapur

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The New Indian Express Anantapur

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The New Indian Express Anantapur

‘Instead of competing with MSMEs, we chose to partner with them’

NCE a dominant household name in the country’s textile landscape, Mafatlal Industries went through one of the harshest business cycles — from the Datta Samant-led mill strike and post-liberalisation shocks to being declared a ‘sick company’ under the Board for Industrial and Financial Reconstruction (BIFR).

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The New Indian Express Anantapur

V-P hails 'guardian of the public purse' on 5th Audit Diwas

VICE-President and Chairman of the Rajya Sabha, CP Radhakrishnan, on Sunday hailed the Comptroller and Auditor General of India (CAG) as the \"guardian of the public purse,\" emphasising its crucial role in safeguarding public funds and promoting good governance.

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The New Indian Express Anantapur

The New Indian Express Anantapur

'Our mission is to develop well-rounded leaders, not just skilled managers'

IIM Shillong Director-in-Charge Prof Nalini Prava Tripathy reflects on the institute’s approach to learning, outreach, and regional engagement

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The New Indian Express Anantapur

The New Indian Express Anantapur

BHU researchers revive timeless rice variety 'Adam Chini' with innovation

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The New Indian Express Anantapur

WHAT TO MAKE OF BUFFETT'S 'THANK YOU' LETTER

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