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Kenya cancels proposed deals with Adani Group after US bribery charges
short by Ankush Verma / on Thursday, 21 November, 2024
After US prosecutors charged Gautam Adani in an alleged bribery and fraud scheme, Kenyan President William Ruto ordered cancellation of a procurement process expected to hand control of the country's main airport to Adani Group. Ruto also directed the cancellation of a 30-year, $736-million public-private partnership deal signed with a unit of Adani Group to construct power transmission lines.
read more at Reuters