Hyderabad:
Reacting to the Telangana Excessive Court docket dismissing the quash petition filed within the Formulation E race case, BRS working president KT Rama Rao (KTR) mentioned that his battle for fact will proceed and that the cacophony will not silence him.
“Mark my phrases, Our comeback can be stronger than this setback. Your lies will not shatter me. Your phrases will not diminish me. Your actions will not obscure my imaginative and prescient. This cacophony will not silence me! At present’s obstacles will give option to tomorrow’s triumph. The reality will shine brighter with time! I respect our judiciary and my unwavering perception that justice will prevail. My battle for fact continues, and shortly, the world may even witness it,” KTR wrote on X.
Notably, the court docket additionally revoked the prior order that prevented his arrest.
Telangana’s Anti-Corruption Bureau (ACB) is investigating KTR’s alleged involvement in a cash laundering case over alleged monetary irregularities linked to the Formulation E race held in Hyderabad in February 2023.
On Monday, the ACB summoned KTR to its workplace in Hyderabad for questioning in reference to the case.
On December 19, Telangana ACB registered a case in opposition to the BRS working president over alleged funds, a few of it in overseas foreign money with out approvals, to conduct a Formulation E race in Hyderabad throughout the earlier regime.
The Enforcement Directorate (ED) has additionally registered an enforcement case data report (ECIR) beneath the Prevention of Cash Laundering Act (PMLA) in opposition to KTR and others within the case.
ED filed the Enforcement Case Info Report (ECIR) after the Telangana Anti-Corruption Bureau (ACB) registered a First Info Report (FIR) in opposition to KTR and others within the Formulation-E funding case.
The FIR lists KTR as the first accused, with senior IAS officer Arvind Kumar and retired bureaucrat BLN Reddy named because the second and third accused, respectively.
The case was filed beneath relevant sections of the Prevention of Corruption Act, together with provisions of the IPC associated to legal breach of belief and conspiracy.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)