Kenya Cancels all PPP Contracts Signed with Subsidiaries of India’s Adani Group
It follows the indictment of billionaire Gautam Adani in New York on Wednesday. President William Ruto announced that the controversial multimillion-dollar deals in the energy, transport and health sectors would be scrapped during his state of the nation address to parliament on Thursday.
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.
This has been enabled by Privately Initiated Partnership procurement arrangement the country was using to engage Adani.
Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been ...
"The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional ...
Kenya canceled a $2 billion airport deal with Adani Group after whistleblower Nelson Amenya exposed secretive negotiations ...
On Thursday, Kenya’s President William Ruto canceled two key deals with the Adani Group—including a $1.85 billion deal to ...
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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