Senior BRS leader K.T. Rama Rao receives a fresh notice from the Anti-Corruption Bureau (ACB) in Hyderabad over alleged financial irregularities in the ₹55 crore Formula E funding. The probe raises critical questions about transparency in public-private partnerships.

K.T. Rama Rao Faces New Notice in Formula E Funding Investigation

In a significant development, the Anti-Corruption Bureau (ACB) in Hyderabad has issued a fresh notice to senior BRS leader K.T. Rama Rao. The notice is linked to alleged irregularities in the ₹55 crore funding for the high-profile Formula E race held in the city.

This probe is part of a broader investigation into how public funds were allocated and used, raising serious questions about the transparency and accountability of government collaborations with private enterprises.

Key Allegations: Misuse of Public Funds

At the heart of the investigation are concerns that taxpayer money was misappropriated or distributed without proper oversight. The ACB is reviewing financial records, contractual agreements, and the involvement of key government officials in greenlighting and managing the project.

While the Formula E event elevated Hyderabad’s international image, critics argue that it might have been funded at the expense of responsible fiscal management.

Political Implications for K.T. Rama Rao and BRS

This case carries significant political weight. Opposition parties claim it’s indicative of a broader pattern of misuse of authority and public resources during the previous administration.

For K.T. Rama Rao, often seen as the architect of Telangana’s modernization, this investigation poses a major reputational challenge at a time when the public is increasingly demanding greater transparency from political leaders.

Public Demands for Accountability in Mega Events

Civic groups and transparency watchdogs are urging a fair and thorough probe. They emphasize that while mega events like Formula E can enhance a city’s prestige, they must be managed with strict ethical and financial standards.

The broader concern is that such high-profile projects should not become avenues for corruption or unchecked spending.

Broader Impact: Public-Private Partnerships Under Scrutiny

The Formula E funding controversy is evolving into more than a localized issue—it’s becoming a national conversation about governance in public-private ventures.

As the legal process unfolds, it will serve as a litmus test for the integrity of high-value government initiatives and whether they truly serve public interest.