Hyderabad, January 9: BRS Working President and former Minister KT Rama Rao on Tuesday reached the Anti-Corruption Bureau (ACB) office in Hyderabad, in connection with the Formula-E case. Speaking to the media the former minister dismissed corruption allegations, asserting that he did not engage in any corrupt activities during his tenure in the state cabinet.
Key Points
1.
KTR appears before ACB in Formula E race investigation
2.
Criticizes Congress and Revanth Reddy's corruption allegations
3.
Vows to continue fighting for Telangana's future
4.
ED and ACB probe financial irregularities
BRS Working President and former Minister KT Rama Rao said, "Being a minister in the state cabinet, I did not give contracts to my son's company. I did not buy expensive cars. Revanth Reddy and his ministers have these corrupt ideas. I am not the one who got caught while trying to poach an MLA. I am a sincere child of Telangana. I did not do even half a paisa of corruption, and neither would I do it."
KT Rama Rao criticised Congress leader Revanth Reddy and his ministers for indulging in corruption, accusing them of attempting to tarnish his reputation through media management. He vowed to continue fighting for Telangana's future and dismissed any attempts to undermine his party's leadership through legal cases, emphasising that he would never bow to such tactics.
"Some Congress people, through media management, want to do mudslinging on us and gain political advantage. The truth will always win. You cannot divert us. We will continue to speak and continue to fight... If you, Revanth Reddy, think you can divert our party cadre and leadership by putting cases on me or doing something to me, you can't do it. We will continue to question your 420 promises. No matter how many cases you put in," he said.
"As KCR's son, I am saying I will die for Telangana if needed but won't bow my head before people like you. We will continue to fight. We will continue to fight until Telangana wins and is out of the clutches of Congress," Rao added.
Telangana's Anti-Corruption Bureau (ACB) is investigating KTR's alleged involvement in a money laundering case over alleged financial irregularities linked to the Formula E race held in Hyderabad in February 2023.
The ACB summoned KTR to its office in Hyderabad for questioning in connection with the case. On December 19, Telangana ACB registered a case against the KTR over alleged payments, some of it in foreign currency without approvals, to conduct a Formula E race in Hyderabad during the previous regime.
The Enforcement Directorate (ED) has also registered an enforcement case information report (ECIR) under the Prevention of Money Laundering Act (PMLA) against KTR and others in the case.
ED filed the ECIR after the Telangana ACB registered a First Information Report (FIR) against KTR and others in the Formula-E funding case. The FIR lists KTR as the primary accused, with senior IAS officer Arvind Kumar and retired bureaucrat BLN Reddy named as the second and third accused, respectively.
