1. KTR seeks exit from Formula E case involving ₹55 crore payments

KTR seeks exit from Formula E case involving ₹55 crore payments

States

  • Bharat Rashtra Samithi BRS leader KT Rama Rao has petitioned a Hyderabad court to quash the Formula E race case against him.
  • The case involves alleged irregularities surrounding ₹55 crore paid to the UK-based Formula E organisers for the planned 2024 Hyderabad race.
  • KTR’s legal team maintains the payments were legitimate, arguing there is no prima facie evidence of wrongdoing or diversion of funds.
  • The court has issued a notice to the Anti-Corruption Bureau ACB and set the next hearing for October 30.

Source: siasat.com

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