Kenya cancels deal with company of US-indicted tycoon ...News

Russia Today - News
Kenya cancels deal with company of US-indicted tycoon
source : Russia Today ( News ) () 75
The country’s president has said the decision on India’s Adani Group is based on information from investigative agencies and “partner nations” Kenyan President William Ruto says he has ordered the immediate termination of airport expansion and energy contracts with India’s Adani Group. The move came just a day after the conglomerate’s chairman was indicted in the US for alleged fraud. Prosecutors at the federal court in Brooklyn on Wednesday accused billionaire Gautam Adani of paying $250 million in bribes to Indian government officials to secure “lucrative” solar power contracts with electricity distribution comp

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