The ACB is conducting an investigation into alleged irregularities related to the Formula E Race, which was organized during the BRS regime.
Hyderabad: Days after the Anti-Corruption Bureau (ACB) questioned BRS working president and MLA K.T. Rama Rao in connection with irregularities in the Formula E Racing event, the investigation agency on Wednesday summoned senior IAS officer Arvind Kumar, directing him to appear before the ACB for further questioning on July 1.
The notice served to Arvind Kumar has sent ripples through the BRS, raising concerns that the probe might tighten around its leadership, particularly regarding allegations of unauthorised misuse of government funds.
This is the second time Arvind Kumar will face questioning by the ACB in this case. In his earlier recorded statement, Kumar reportedly informed investigators that he transferred funds based on instructions from higher authorities and had no personal intent behind the action.
Recently, Rama Rao was summoned by the ACB and underwent questioning for approximately eight hours at its Banjara Hills headquarters, during which he was also asked to submit his mobile phones. According to reports, Arvind Kumar is currently on extended leave and is travelling abroad, but he is expected to return by the end of June.
The investigation centers on allegations of financial irregularities involving an unauthorised transfer of Rs 54 crore to Formula E Racing Limited, a UK-based company. Authorities claim these transactions were carried out without necessary government approvals, the consent of the finance department, or compliance with Reserve Bank of India (RBI) guidelines.
Earlier in the investigation, the ACB questioned Rama Rao, Arvind Kumar, and former HMDA employee B.L.N. Reddy, recording their statements. The Enforcement Directorate (ED) has also separately interrogated the accused individuals as part of its inquiry into the matter.
