No corruption in Formula E Race event, says K T Rama Rao, seeks discussion in Telangana Assembly

Hyderabad: As the Telangana government gets ready to prosecute BRS working president K T Rama Rao in connection with the alleged irregularities in the Formula E race event, the opposition leader has just unveiled a counter strategy, urging the state Assembly speaker and the CM Revanth Reddy to hold a discussion on the Formula E Race in the House.

KTR wanted to use the floor of the House as a platform to explain his side of the story to the public. Governor Jishnu Dev Verma had recently given his nod to the state ACB to prosecute KTR. ACB is probing the alleged irregularities in conducting Formula E Race during BRS regime.

"Your government has been making several baseless allegations against the previous BRS government, especially against me, for several months regarding the Formula-E race issue. Reports suggest that even in the cabinet meeting held under your leadership this week, this topic was discussed for about one and a half hours. Additionally, there are various leaks from the Chief Minister's Office to the media, hinting at filing cases on this matter and claiming that the Governor has granted approval," said KTR in the letter to Revanth Reddy.

He further said, “Instead of having closed-door discussions, the truth about this matter should come out before the four crore people of Telangana through a debate in the State Assembly. The previous government entered into an agreement with the organizers of the Formula-E race with the noble intention of benefiting Telangana state and Hyderabad city. The race was successfully conducted in 2023, earning praise from all quarters. According to a Nielsen report, the event contributed approximately Rs 700 crore to the state’s economy. While another edition of the race was planned for 2024, your government unilaterally canceled it immediately after coming to power. Since then, as part of your political vendetta, your Congress government has been spreading numerous falsehoods through the media about this race, creating unnecessary doubts among the public."

He added that in reality, the Formula-E race agreement was completely transparent, and all payments to the organizers were made in a transparent manner.

“I have already explained this in detail earlier. However, your government has not stopped its false propaganda. The people of the state have the right to know the truth. Therefore, I demand that you initiate a discussion on this issue in the Assembly. Let us present all the facts in detail to the people of Telangana through the Assembly platform. Since the Assembly session is ongoing, you can schedule this discussion on a day of your convenience,” he added and reiterated that there were no irregularities or corruption in the Formula-E race issue.

This event, which brought goodwill to the state and Hyderabad city, was sacrificed purely due to "your political vendetta." A detailed discussion in the Assembly will reveal the truth to everyone, KTR urged.