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Gautam Adani, India and Kenya
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Nov 23 (Reuters) -
Adani
Energy Solutions (ADAI.NS), opens new tab said on Saturday that
Kenya
's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was ...
Indian tycoon Adani's US indictment rattles stocks; Kenya spikes airport deal
Indian billionaire Gautam Adani has been indicted for fraud by US prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million (R5.8 billlion) scheme to bribe Indian officials to secure power-supply deals.
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says 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 me
Kenya Scraps $2.6 Billion Adani Deals in Wake of US Indictment
Kenyan President William Ruto canceled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after the company’s billionaire founder was charged by the US authorities in a separate bribery scheme.
Kenya drops over $2.5 billion of Adani deals after US indictment
By George Obulutsa and Aaron Ross NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of the country's main airport to India's Adani Group after its founder was indicted in the United States.
Kenya scraps Adani deals as Ruto attempts to reset presidency
Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.
Kenya cancels Adani deals after US indictment
It follows accusations that Adani was scheming to pay over $250 million in bribes to Indian government officials, which he denies.
Kenya: Why Ruto cancelled the Adani deals
The president’s announcement came a day after Gautam Adani, the chair of the Indian conglomerate, was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme.
Adani Denies Kenya Airport Deal, Clarifies Power Line Project
Adani Group denies entering into a binding agreement to operate Kenya's main airport, clarifying on reports of deal cancellation following US bribery charges.
Adani Group Denies Binding Agreement For Kenya Airport Amid Cancellation Reports
The Adani Group clarified it had no binding agreement for Kenya's main airport after reports of cancelled $2.5 billion deals linked to US bribery charges. It stated Kenya's power transmission project cancellation doesn’t require SEBI disclosure.
Never entered into agreement to operate airport in Kenya: Adani Group
The group was responding to notices sent by stock exchanges to confirm reports of Kenyan President William Ruto ordering the cancellation of a procurement process
3h
Gautam Adani's group BREAKS silence on reports of Kenya cancelling Rs 21109 crore deals after US charges billionaire
The Adani group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any ...
Kenyans.co.ke
2h
Kenya Eyes New JKIA Partner After Scrapping Adani Deal Says CS Mbadi
The cancellation came after Gautam Adani, the founder and CEO of the multibillion-dollar Indian company Adani, along with ...
rediff.com
3h
Adani denies entering into pact to operate Kenya airport
Billionaire Gautam
Adani
's group on Saturday clarified on reports of
Kenya
cancelling more than $2.5 billion in deals ...
NDTV
2h
"No Binding Agreement For Any Airport Project In Kenya": Adani Group
The
Adani
Group on Saturday clarified on reports of
Kenya
cancelling more than $2.5 billion in deals after the US' ...
5h
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
1d
Whistleblower Nelson Amenya celebrated as a hero for exposing the secret Adani deal for Kenya’s airport
Kenya canceled a $2 billion airport deal with Adani Group after whistleblower Nelson Amenya exposed secretive negotiations ...
Forbes
1d
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
On Thursday,
Kenya
’s President William Ruto canceled two key deals with the
Adani
Group—including a $1.85 billion deal to ...
The Africa Report
5d
Morocco, Kenya, Tanzania… Does the Adani Group really have an Africa strategy?
Some of Indian billionaire Gautam Adani’s African projects have been criticised or not carried out at all, casting doubt on ...
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