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"I will cooperate fully, but where is the case?": KTR on Formula E case

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Hyderabad (Telangana) | January 16, 2025 9:12:23 PM IST
Right after being questioned for hours by the Directorate of Enforcement (ED) in relation to the Formula E on Thursday, BRS working president KT Rama Rao questioned the validity of propping up a case against him and also challenged Telangana Chief Minister Revanth Reddy for a debate.

"All I have said to the Enforcement Agencies today is that I will cooperate fully, I will cooperate whole heartedly however many times they call me I will come. Whatever information they want from me, I am happy to give them," KTR said today after exiting from the ED office.

He said that even though he is ready to cooperate with the authorities, the money is already accounted for, so there is no question of laundering and corruption.

He added, "But I have asked the same question to ACP and to ED as well...Where is the case here? If some money was transferred to a place then that account is there, so where is the fraud and corruption? If all the money is safe then where did the laundering happen?"

He further challenged Telangana Chief Minister Revanth Reddy to a debate and sit down together to take a lie detector test too.

"No matter what amount of vendetta the Telangana CM has, I have no problem but I do have one offer to give him...whenever you are ready, you decide the date, place and time, there is ED case on you as well, let's both sit together and I am ready for a lie detector test...let the whole Telangana see, who is lying," KTR told reporters.

Earlier today, BRS leader Ravula Sridhar Reddy said that the Congress state government is falsely implicating KTR in the case.

As we have been mentioning from day one, the Congress government in Telangana is falsely implicating KT Rama Rao in the case. In a case where there is no corruption at all in an issue where there is no misappropriation of funds, they are trying to prove it is a corruption case. We have explained and placed all the facts before the people of Telangana. The people are in complete belief that there is no corruption," Reddy told ANI.

The Enforcement Directorate (ED) has also registered an enforcement case information report (ECIR) under the Prevention of Money Laundering Act (PMLA) against KTR and others in the case. The ED filed the ECIR after the Telangana ACB registered a First Information Report (FIR) against KTR and others in the Formula-E funding case. (ANI)

 
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