Indian industrialist Gautam Adani, one of the world’s richest people, has been charged with a bribery case worth crores in the US. With this, Kenya has canceled the projects that were to be implemented with the Adani Group.
Gautam Adani, his nephew Sagar Adani, Adani Green Energy Limited CEO Vineet Jain, Ranjit Gupta, Rupesh Agarwal, and Cyril Cabanes, Saurabh Agarwal, and Deepak Malhotra, citizens of Australia and France, are the accused in the case. The indictment was filed by the US Attorney’s Office in New York. The indictment charges fraud, criminal conspiracy, and corruption.
The process of handing control of Nairobi’s main airport to the Adani Group was progressing. The agreement was that the Adani Group would build a second runway at Jomo Kenyatta International Airport and upgrade the passenger terminal. However, Kenyan President William Ruto said that he had ordered the cancellation of the plans.
The president also ordered the cancellation of a 30-year project with an Adani Group unit to build a power grid through a public-private partnership model. . President Ruto said that the cancellation of the projects was based on information provided by partner countries and investigative agencies.
