Formula E case: Money transfer my decision, but officials responsible for rules, says KT Rama Rao

HYDERABAD: BRS working president KT Rama Rao on Thursday told the Anti-Corruption Bureau (ACB) that the decision to transfer Rs 55 crore to the UK-based Formula E Operations (FEO) was his, but it was the responsibility of officials to ensure all procedural rules were followed.

"As a minister, I am only a policy maker and I will not get into the nitty-gritty of procedural aspects related to business rules, which is the job of bureaucrats," KTR reportedly told the investigators during his 7-hour questioning in the Formula E case.

Sources said KTR told investigators that he decided to make the govt host the Formula E 2nd edition after the original sponsor, Ace Nxt Gen, backed out as he intended to look for another sponsor once BRS returned to power after 2023 assembly polls.