Govt Revealed Sensational Aspect Of Formula E-Race Case

Hyderabad, Jan 6 (Maxim News): The State government led by Chief Minister Revanth Reddy has revealed a sensational aspect in the Formula E-race case.

Click Here To Join Us On WhatsApp

It is learned that BRS benefited heavily from the Green Co company that organized the Formula E race, it is learned that Green Co bonds were purchased from BRS. The government has recently revealed the data.

It is learned that Green Co company and its affiliates purchased electoral bonds worth Rs. 49 crore from BRS. The transactions took place between April 8 to October 10, 2022. Suspicions have been raised about the transactions since the discussions related to this case began.

Click Here To Join Us On WhatsApp

It is noteworthy that Green Co Company buys bonds worth Rs. crore each time. Devarakadra MLA Madhusudan alleged that BRS is making allegations against the Congress government to cover up fraud and exploitation and that BRS received Rs. 49 crore from Green Co Company.

Congress alleged that there was a quid pro quo between BRS and Green Co Company. ED officials are also likely to question KTR about these Green Co bonds. KTR is scheduled to face ED questioning on January 7 in the Formula E Race case. (Maxim News)

---

Next Story:

Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News update