Hyderabad: The Anti-Corruption Bureau (ACB) identified large-scale corruption in management of Formula E racing in the state.
During ACB inquiry, officials reviewed files in the RE records and discovered that a staggering amount of 55 crore rupees was paid to foreign firms and representatives under questionable circumstances.
The ACB is now intensifying its scrutiny into these payments, and is preparing to issue notices to the relevant companies, based on municipal department records and officials investigation is in process.
