Big Twist In Formula E Case !

The Anti-Corruption Bureau has filed a chargesheet in the Formula E case, naming several key individuals in connection with the alleged financial irregularities. KTR has been listed as A1, followed by IAS officer Arvind Kumar as A2, former HMDA Chief Engineer B.L.N. Reddy as A3, sports consultant Kiran Malleshwara Rao as A4, and a UK-based firm FEO as A5. The case has drawn significant attention due to the involvement of high-profile names.

According to the ACB, an amount of ₹55 crore was allegedly diverted to foreign entities in violation of established regulations. The chargesheet highlights serious concerns regarding financial transactions and compliance issues. The investigation is expected to proceed further as authorities examine the details and take necessary legal steps based on the findings.