Ponguleti Srinivas Reddy

For the last few days, it has been widely reported that BRS Working President K.T. Rama Rao will be arrested for a Rs. 55 crore payment to Hyderabad’s Formula E race without RBI clearance.

However, KTR refuted the allegations and tried to prove he was not guilty by providing evidence from his side. Meanwhile, he left for Delhi today to meet Urban Development Minister Manohar Lal Khattar to complain about irregularities in the Amrut Scheme tenders issued by the Congress government.

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On the other hand, Congress minister Ponguleti Srinivas Reddy alleged that KTR went to Delhi to seek the Union government’s protection from his arrest. He said that the Anti-Corruption Bureau sought the Governor’s permission to question KTR regarding the same and added that KTR will be questioned by the ACB as soon as it receives permission from the Governor.

He stated that the state government found irregularities in the Formula E event organization and added that it has all the evidence to prove KTR’s corruption. He questioned under what law KTR sent Rs. 55 crores abroad for the Formula E event.

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He further questioned the need for KTR to meet the BJP Union Minister at this point in time, stating that it was merely a cover-up and that KTR went to Delhi to secure protection from arrest. Meanwhile, it remains to be seen whether the Governor will permit the ACB to question KTR on these allegations.




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