ACB registered a case against KTR

 ACB registered a case against KTR for alleged misuse of government funds under Sections 13(1)(A) and 13(2) of the Prevention of Corruption Act, along with Sections 409 and 120(B) of the IPC. It is alleged that ₹45 crore was paid by HMDA to the foreign company FEO in violation of RBI guidelines. 

The payments were reportedly made without obtaining approvals from the Cabinet or the Finance Department. RBI imposed a fine of Rs. 8 crore on the then Telangana government for unauthorized transactions, which was later paid by the Congress government after coming to power. 

KTR is accused of directing the misuse of authority, while IAS officer Arvind Kumar and EX HMDA Chief Engineer BLN Reddy are also implicated. 

KTR has been named as A-1, 

Arvind Kumar as A-2, 

and 

BLN Reddy as A-3 in the case.