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Kenya scraps Adani deals
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest me
Kenya Scraps $2.6 Billion Adani Deals in Wake of US Indictment
Kenyan President William Ruto canceled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after the company’s billionaire founder was charged by the US authorities in a separate bribery scheme.
Kenya drops over $2.5 billion of Adani deals after US indictment
By George Obulutsa and Aaron Ross NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of the country's main airport to India's Adani Group after its founder was indicted in the United States.
Kenya scraps Adani deals as Ruto attempts to reset presidency
Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.
Kenya cancels Adani deals after US indictment
It follows accusations that Adani was scheming to pay over $250 million in bribes to Indian government officials, which he denies.
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.
Kenya: Why Ruto cancelled the Adani deals
The president’s announcement came a day after Gautam Adani, the chair of the Indian conglomerate, was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme.
Kenyan energy minister says no corruption involved in Adani energy deal
Kenya's energy minister said on Thursday there was no bribery or corruption involved in the award of a contract to a unit of India's Adani Group to build power lines in the East African nation.
Kenya Cancels Deals With India’s Adani Group After US Indictment Of Founder
YouTube Screenshots Kenya’s government has canceled all public-private partnership contracts signed with subsidiaries of India’s Adani Group. It follows the indictment of billionaire Gautam Adani in New York on Wednesday.
Kenya Scraps Airport, Power Deals With India's Adani Group: President
Kenyan President William Ruto on Thursday scrapped controversial deals with India's embattled Adani Group over Nairobi's Jomo Kenyatta International Airport (JKIA) and a state-owned electricity service.
The Star
1h
Mbadi: Kenya will not incur losses in scrapped Adani deals
This has been enabled by Privately Initiated Partnership procurement arrangement the country was using to engage
Adani
.
Reuters on MSN
1d
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
NEW DELHI, Nov 21 (Reuters) - Indian billionaire Gautam
Adani
has been indicted for fraud by U.S. prosecutors and arrest ...
Bloomberg L.P.
1d
Kenya’s Ruto Scraps $2.6 Billion Adani Deals
"The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional ...
20h
Whistleblower Nelson Amenya celebrated as a hero for exposing the secret Adani deal for Kenya’s airport
Kenya canceled a $2 billion airport deal with Adani Group after whistleblower Nelson Amenya exposed secretive negotiations ...
India Today on MSN
12h
Adani, George Soros and Kenya: US bribery charge a coincidence or conspiracy?
A global web of influence, political power, and controversy surrounds billionaire philanthropist George Soros as his ...
The Africa Report
4d
Morocco, Kenya, Tanzania… Does the Adani Group really have an Africa strategy?
Some of Indian billionaire Gautam Adani’s African projects have been criticised or not carried out at all, casting doubt on ...
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