Formula E Rs 55 crore misappropriation: KTR, IAS Arvind Kumar and HMDA chief engineer to be made accused

The Anti-Corruption Bureau (ACB) is poised to file an FIR against former Telangana minister KT Rama Rao, ex-principal secretary Arvind Kumar, and HMDA chief engineer BLN Reddy for alleged misappropriation of Rs 55 crore in the 2nd Formula E race planning. The ACB alleges procedural violations and bypassing cabinet approval for transferring funds to Formula E Operations.