Formula-E Race Case: IAS Arvind Kumar Appears Before ACB Inquiry
Hyderabad, Jan 8 (Maxim News): IAS officer Arvind Kumar has appeared before the ACB in the Formula-E Race Case. He is A2 in this case. He is accused of playing a key role in the transfer of funds. It is reported that the funds were transferred from HMDA under the jurisdiction to FEO (Formula-E Operations) through HMDA Chief Executive BLN Reddy.
Click Here To Join Us On WhatsApp
Arvind Kumar had previously explained to the government that the funds were transferred on the orders of the then Minister K. Tarak Rama Rao, ACB officials will record his statement today.
On the other hand, BLN Reddy appeared before the ED in the Formula-E race case. He was the chief engineer when the race took place. The ED is investigating the transfer of Rs. 45.71 crore to a foreign company. Based on the ACB case, the ED has registered a case under the Money Laundering Act and has intensified the investigation. (Maxim News)
More Stories…
Jane Austen 250 Seminar At MANUU
![Jane Austen 250 Seminar At MANUU]()
Jane Austen 250 seminar to be held online at MANUU on December 16, 2025, with academic discussions, readings, and creative events.
BRS Triumph In Panchayat Elections: Former Minister Lakshma Reddy
![BRS Triumph In Panchayat Elections: Former Minister Lakshma Reddy]()
Mahabubnagar/Hyderabad, Dec 15 (Maxim News): Former Minister Dr. C. Lakshma Reddy said that the BRS victory was once again clearly visible in the Panchayat elections. He revealed that the BRS has won forty percent of the sarpanch seats in the state. The newly victorious BRS sarpanches in the Nawabpet mandal center of the Jadcharla constituency…
GHMC Ward Division Faces BRS Protest
![GHMC Ward Division Faces BRS Protest]()
GHMC ward division draws sharp criticism from BRS MLAs, who met the Commissioner and warned of court action over unscientific division.
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
