BRS leader K T Rama Rao appears before Telangana ACB in Formula E race case

The BRS Working President, who was the Municipal Administration Minister during the previous BRS regime, was questioned by the ACB in January this year in connection with the Formula E race case

K T Rama Rao
The ACB had registered a case against him over alleged payments, most of them in foreign currency without approvals, for conducting the Formula E race in Hyderabad in February 2023 during the previous BRS government. (Photo: PTI)
Press Trust of India Hyderabad
2 min read Last Updated : Jun 16 2025 | 11:37 AM IST

BRS Working President K T Rama Rao on Monday appeared before the Telangana government's Anti-Corruption Bureau (ACB) as part of its ongoing inquiry in the Formula E race case.

Speaking to reporters at the BRS headquarters here prior to his appearance, Rama Rao called the investigation against him "political harassment" and accused the Congress government of trying to divert public attention from its "failure" to fulfill the election promises. 

ALSO READ: ED summons BRS leader KT Rama Rao in money laundering case on Jan 7 

"May be, they will arrest me. But, one thing is sure. We had gone to jail earlier for the sake of Telangana (statehood). We are ready to go to jail again over a decision taken to promote Hyderabad's brand image. Ready to go to jail even 100 times. But, we will not spare the Congress government (on its poll promises)," he said.

He added that truth will triumph in the end.

The BRS Working President, who was the Municipal Administration Minister during the previous BRS regime, was questioned by the ACB in January this year in connection with the Formula E race case. 

The ACB had registered a case against him over alleged payments, most of them in foreign currency without approvals, for conducting the Formula E race in Hyderabad in February 2023 during the previous BRS government.

Though the race was supposed to be held in February 2024 as well, it was cancelled after the Congress government assumed office in December 2023.

The BRS leader maintained that the race and the payments were part of efforts of the BRS government to promote Hyderabad's brand image.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Hyderabadmoney laundering caseMoney laundering TelanganaIndia corruption

First Published: Jun 16 2025 | 11:36 AM IST

Next Story