ED files fresh case against BRS leader KT Rama Rao in Formula-E race scam

The Enforcement Directorate (ED) on Friday filed a money laundering case against the BRS leader KT Rama Rao and others in a case linked to alleged payment irregularities in the Formula-E race. An Enforcement Case Information Report (ECIR) has been registered under various sections of the Prevention of Money Laundering Act in line with the Telangana Police Anti-corruption Bureau (ACB) FIR filed on Thursday. The alleged corruption case is linked to the Formula-E race held in



Hyderabad in February 2023.

Telangana Anti-Corruption Bureau (ACB) on Thursday registered a case against BRS working president and MLA KT Rama Rao regarding alleged payments, including unauthorised foreign currency transactions, for organising the Formula-E race in Hyderabad. 

This development comes hours after the Telangana High Court's order that directed ACB officials to not arrest BRS leader till December 30 in this case.