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Kenyan President William Ruto announced on Thursday the cancellation of two major projects involving India’s Adani Group.
The first was the procurement process to expand Kenya’s main airport, while the second was a $700 million energy deal for constructing power transmission lines, previously signed by the energy ministry with an Adani Group subsidiary.
The move comes in the wake of a US court indictment against Gautam Adani, his nephew Sagar Adani, and other officials. They stand accused of allegedly bribing Indian government officials to secure solar energy contracts. The indictment claims that Adani paid bribes amounting to over ₹2,000 crore, including ₹1,750 crore allegedly given to a senior official in the Andhra Pradesh government.
The Adani Group has denied all allegations, calling them baseless and asserting no wrongdoing.
The first was the procurement process to expand Kenya’s main airport, while the second was a $700 million energy deal for constructing power transmission lines, previously signed by the energy ministry with an Adani Group subsidiary.
State of the Nation Address, Parliament Buildings, Nairobi. https://t.co/SaBykIUXIs
— William Samoei Ruto, PhD (@WilliamsRuto) November 21, 2024
The move comes in the wake of a US court indictment against Gautam Adani, his nephew Sagar Adani, and other officials. They stand accused of allegedly bribing Indian government officials to secure solar energy contracts. The indictment claims that Adani paid bribes amounting to over ₹2,000 crore, including ₹1,750 crore allegedly given to a senior official in the Andhra Pradesh government.
The Adani Group has denied all allegations, calling them baseless and asserting no wrongdoing.
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