K.T. Rama Rao Summoned by Enforcement Directorate in Formula E-Race Case
Hyderabad: Former Telangana Minister and Bharat Rashtra Samithi (BRS) leader K.T. Rama Rao (KTR) has been asked to appear before the Enforcement Directorate (ED) on Wednesday at 11 AM. The summons are related to an investigation into the Formula E-Race case.
The ED plans to question KTR about alleged financial irregularities and violations of procedures in organizing the high-profile international racing event held in Hyderabad. The event had drawn global attention when it was hosted in the city.
Sources within the ED have mentioned that KTR has not yet confirmed if he will bring a legal advisor with him during the inquiry. This uncertainty has led to speculation about how he plans to approach the questioning process.
The Formula E-Race, while a prestigious motorsport event, has been under scrutiny due to claims of financial mismanagement and lapses in its execution. These allegations prompted the ED to launch a detailed investigation into the matter.
As KTR prepares for the inquiry, the case has sparked significant interest among the public and in political circles. Many are closely watching the situation and awaiting further updates after the scheduled proceedings on Wednesday.