Hyderabad, June 16 -- Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR) on Monday firmly denied all allegations related to the Hyderabad Formula E race, saying he had not done anything wrong or shameful.

After appearing before the Anti-Corruption Bureau (ACB) at Telangana Bhavan, KTR defended his decisions as "policy-based" and accused the Congress government of political vendetta.

ACB is investigating allegations of financial irregularities in the organization of the Formula E race in Hyderabad in 2023 during the BRS regime. The alleged misuse of Rs 44-55 crore, including improper transfer of funds by the Hyderabad Metropolitan Development Authority (HMDA) to London-based Formula E Operations (FEO) without due process. ...