No corruption in Formula E case; ready to face it legally: K.T. Rama Rao
The Hindu
BRS working president K.T. Rama Rao ready to face Formula E race legally despite corruption allegations.
HYDERABAD
Working president of the Bharat Rashtra Samithi (BRS) and former Minister K.T. Rama Rao has reiterated that he is all prepared to face the Formula E race legally as Telangana Government is going ahead with the case despite the fact that there is no iota of corruption involved in it.
In an informal chat with newspersons on the Assembly premises during the break time on Friday (December 20, 2024), the BRS MLA said even the talk of Minister Ponnam Prabhakar had made it clear that there was no corruption in the case. Mr. Rama Rao stated that Hyderabad Metropolitan Development Authority (HMDA) was a corporation and there was a provision in the Act that funds could be spent through it for any developmental activity pertaining to the City.
ACB books K T Rama Rao for ₹54.88 crore irregularities in Formula-E deal
On the special investigation team formed by the government into the leasing of Outer Ring Road (ORR), he said, “Toll, Operate and Transfer (TOT) system was already in use across the country and their (BRS) government had utilised the money from ORR TOT for the farmers’ loan waiver scheme, following the suggestions of a Cabinet Sub-Committee on the mobilisation of resources.”
He explained that mobilisation of resources through ORR TOT was done as the National Highways Authority of India (NHAI) had done in the case of several roads. In case a private company benefited with the lease as alleged by Chief Minister A. Revanth Reddy, why his government was not scrapping the lease, he sought to know.
The BRS leader recollected that the HMDA had filed defamation charges against Mr. Revanth Reddy in the past when he had made baseless allegations that there was lakhs of crore corruption in the ORR lease and the case was going on. In case Mr. Revanth Reddy had believed that ORR lease was a scam, he would have scrapped it immediately after assuming charge as the Chief Minister if there was truth in his allegations.
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