Kenya cancels airport and energy deals with Adani group after the U.S. indicts the tycoon ...Middle East

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Kenya cancels airport and energy deals with Adani group after the U.S. indicts the tycoon
source : News10NBC ( Middle East ) () 111
NAIROBI, Kenya (AP) — Kenya’s president said Thursday 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 men. 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 didn’t specify the United States. The Adani group had been in the process of signing an agreement that would modernize Kenya’s main airport in the capital, Nairobi, with an additional runway and terminal constructed, in exchange for the group running the airport for 30 years. The widely criti

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