National Desk
21 November
Sandeep Dhand Ludhiana
Kenya has cancelled multi-million dollar deals with the Adani Group, including an airport expansion and energy projects, following corruption allegations against the group. Kenyan President William Ruto made the announcement today, revealing that the decision was influenced by recent charges against Gautam Adani in the United States.
The cancellation comes after the US authorities charged Adani with bribery and fraud, which raised concerns among Kenya’s leadership. In a national address, President Ruto explained that the decision to terminate the deals was made based on information from investigative agencies and partner countries. He emphasized that the information received pointed to serious issues related to the Adani Group’s business practices.
The cancelled projects included the planned upgrade of Nairobi’s main airport, which involved the construction of a new runway and terminal. These projects were part of a broader plan to enhance Kenya’s infrastructure and energy sectors. The Adani Group, a major multinational conglomerate, had been involved in various infrastructure and energy-related initiatives in the country, but the controversy surrounding its leader has raised concerns.
The Kenyan government has not provided further details on the next steps regarding the cancelled contracts, but President Ruto assured the nation that the country’s interests would be protected. The decision has attracted significant attention due to the scale of the deals and the global scrutiny surrounding the Adani Group following the fraud and bribery charges. The case highlights the ongoing challenges for international businesses operating in multiple jurisdictions with differing legal and regulatory environments.