‘KTR went to Delhi to lobby as Guv is likely to clear probe into Formula E deals’

Minister Ponguleti Srinivas Reddy raised some serious questions about BRS leader KTR’s trip to New Delhi.
Speaking at Chinna Venkatagiri in Khammam Rural mandal, Ponguleti’s comments, which sparked a stir, centred around KTR’s motives and the potential implications of the Formula E racing event’s fund allocations.
Ponguleti questioned KTR’s purpose behind going to New Delhi and asked whether the visit was aimed at ensuring his safety like the attempts to secure bail for his sister.
“Why did KTR divert public funds of Rs 55 crore to foreign companies without the approval of the Chief Minister or the Cabinet?” Ponguleti asked, suggesting misuse of funds intended for the Formula E race which is now being probed by the ACB.
He said that KTR transferred funds even before signing an MoU with the event’s managing company, and asked who authorised the transaction.
Ponguleti said the ACB has sought permission from the Governor to take KTR into custody for questioning, a step he said KTR anticipated.
That is why KTR shifted his base from Hyderabad to New Delhi, he said and added that the Governor is likely to give his approval shortly.
Ponguleti said that KTR is now reportedly seeking the support of prominent figures in the BJP, the RSS, and the Ambani and Adani groups to avoid problems from the Formula E case.
He warned that the government had substantial evidence to back up these claims and hinted at a “bombshell revelation” soon. “If the corruption of the last decade comes to light, KTR might find himself going from earth to space,” he said and added that KTR is currently lobbying with the Union Minister of Urban Development to avoid cases.
Meanwhile, KTR said on X, “Just landed in Delhi, heard the tremors being felt in Hyderabad already. Why are you shivering so quickly?”
BRS Working President KTR went to New Delhi to complain to the Centre about Revanth’s corruption.
He said that Union Minister Manohar Lal Khattar has been informed through a letter that Revanth had abused power to help his brother-in-law Srujan Reddy in Amrit scheme tenders. Now KTR has gone to New Delhi to directly meet the Union Minister and complain about this matter.