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Kenya Cancels Major Adani Group Deals Amid US Bribery Allegations
- Kenyan President William Ruto announced the cancellation of a $736 million deal with Adani Group for power transmission lines and halted the airport expansion project involving Adani.
- The decision follows US allegations of a $265 million bribery scheme by Adani executives to secure solar energy contracts in India.
- Adani Group denies the allegations, calling them baseless, and vows to pursue all possible legal recourse.
Source: Zee News, Business News India, Business News India, Asianet Newsable, Business News India, Abp News, Mint, The Economic Times
16h ago
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