Telangana: ED books KTR in Formula-E race linked money laundering case

India's Enforcement Directorate launched a money laundering investigation into BRS leader K T Rama Rao. The case involves alleged irregular payments for the 2023 Hyderabad Formula-E race. Authorities are investigating payments of around Rs 55 crore. Rama Rao denies wrongdoing, stating the payments were properly made. The investigation follows an Anti-Corruption Bureau FIR.