Archive · 26 Sep 2025
ACB to Act on Formula E Race Case Involving Officials
The Anti-Corruption Bureau (ACB) is investigating the Formula E race in Hyderabad.
They are preparing to take action against former officials, including Arvind Kumar and Bal Reddy, for allegedly misusing government funds.
The ACB has evidence suggesting money was improperly used.
The ACB is also awaiting approval to prosecute KT Rama Rao (KTR), the former Municipal Minister.
If approved, charges will be filed against the accused.
ACB is preparing to take action against former officials Arvind Kumar and Bal Reddy.
The investigation concerns alleged misappropriation of funds during the Formula E race.
ACB is awaiting approval to prosecute former minister KT Rama Rao (KTR).
Rs 55 crore was transferred to Formula E organizers from HMDA.
The probe has gathered evidence to substantiate public money misuse allegations.
- Who
- Anti-Corruption Bureau (ACB), KT Rama Rao (KTR), Arvind Kumar, and Bal Reddy
- What
- ACB is set to take action against former officials in relation to the Formula E race
- When
- Within the next 2-3 days
- Where
- Hyderabad, Telangana
- Why
- Investigate alleged misappropriation of public funds in the Formula E race payments
ACB / Government
Accused Officials
Allegations
ACB / Government
Misappropriation of public funds.
Accused Officials
Unknown
- Agency Involved
- Anti-Corruption Bureau (ACB)
- Targets
- Arvind Kumar and Bal Reddy
- Key Figure
- KT Rama Rao (KTR)
- Allegation
- Misappropriation of public funds during Formula E race payments
- Amount Transferred
- Rs 55 crore to Formula E Organisers
- Funding Source
- Hyderabad Metropolitan Development Authority (HMDA)
