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KTR Appears Before Nampally Court in Formula E Case

KTR Appears Before Nampally Court in Formula E Case
KTR Appears Before Nampally Court in Formula E-Race Case · deccanchronicle.com

KT Rama Rao, also known as KTR, went to a court in Hyderabad.

The court is hearing a case connected to a Formula E race.

Investigators questioned the transfer of about Rs.55 crore from HMDA.

They alleged that required permissions and financial steps may not have been followed.

The court reviewed a charge sheet filed by the ACB.

It then issued summons to the people accused in the case.

KTR had not attended the earlier hearing because of personal reasons.

The hearing was postponed, and he appeared on Friday.

Key facts

Person involved
KT Rama Rao, also known as KTR
Court
Special court for ACB cases, Nampally
Case
Formula E-race case
Amount questioned
About Rs.55 crore
Funds transferred from
Hyderabad Metropolitan Development Authority (HMDA)
Investigating agency
Anti-Corruption Bureau (ACB)
Allegation
Required permissions and financial procedures were allegedly not followed

Sources

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