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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.
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.
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's president cancels major deals with Adani Group
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was indicted for fraud by US prosecutors. In his state-of-the-nation address on Thursday,
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.
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: 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.
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 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 Nixes Deals with India's Adani Group, Citing Corruption Evidence
Kenya’s President cancels deals with India’s Adani Group after a New York court charged Adani’s directors with bribery.
U.S. News & World Report
2d
Kenya Cancels Proposed Deals With Adani Group
NAIROBI (Reuters) - Kenyan President William Ruto said on Thursday he had ordered the cancellation of procurement process to ...
1d
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 ...
Forbes
1d
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
On Thursday,
Kenya
’s President William Ruto canceled two key deals with the
Adani
Group—including a $1.85 billion deal to ...
The Africa Report
5d
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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