Kenya scraps Adani deals

'In August 2024, company had...' - Adani Group on reports of Kenya dropping $2.5 billion deals after US indictment
Adani Group companies on Saturday issued a clarification on media reports claiming that Kenya has dropped over $2.5 billion deals after billionaire Gautam Adani’s US indictment. US prosecutors indicted Adani,
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'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, Ruto said the deals had been cancelled based on "new information provided by our investigative agencies and partner nations".
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 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.
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.
Adani US bribery Case: Kenya Cancels Airport And Energy Deals With Adani Group
President William Ruto in a state of the nation address said the decision was made “based on new information provided by our investigative agencies and partner nations.” He didnt specify the United States.
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.
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes airport deal
By Dharamraj Dhutia NEW DELHI (Reuters) -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 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.
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...