Formula E Race: ACB Raids on IAS Officer Aravind Kumar, Former HMDA Employee BLN Reddy Premises
7 Jan 2025 1:02 PM IST
IAS officer Aravind Kumar with KT Rama Rao. (Photo: X)
Hyderabad: Anti-Corruption Bureau (ACB) has conducted raids at IAS officer Aravind Kumar and former HMDA employee BLN Reddy's premises in connection with the Formula e Race case on Tuesday.
The ACB last month filed a case against KTR, former Special Chief Secretary to Government, Municipal Administration and Urban Development (MA&UD) department Arvind Kumar and former Chief Engineer of Hyderabad Metropolitan Development Authority (HMDA) B.L.N. Reddy for alleged Rs 54.88 crore irregularities in Formula-E deal.
The FIR was registered on a complaint by the Principal Secretary to Government, MA&UD department M Dana Kishore, who stated that foreign remittances were made without prior approvals of the relevant regulatory authorities, which resulted in an additional tax burden to HMDA to the tune of Rs 8.06 crore. The FIR was registered under the Prevention of Corruption Act as well as under Indian Penal Code (IPC) sections 409 (criminal breach of trust) and 120B (criminal conspiracy)
( Source : Deccan Chronicle )
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