Kenya cancels $700 million deal with Adani Group

Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions 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 within its ordinary course of business.
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 disclosure of its cancellation.
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
Adani Group Denies Pact to Operate Kenya's Main Airport Amid Bribery Allegations
Gautam Adanis group denies entering a pact to operate Kenyas main airport, responding to cancellation reports linked to bribery charges.
No Airport Contracts In Kenya, Clarifies Adani Group
Adani Enterprises has not entered into any binding pact in connection with the airport in Kenya, it said in an exchange filing.
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
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.
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.
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 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's president cancels major deals with Adani Group
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was indicted for fraud by US prosecutors. In his state-of-the-nation address on Thursday,
NDTV22m
"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' ...
rediff.com1h
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 ...
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 ...
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 ...
Forbes1d
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 Report5d
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 ...
Adani Group bonds fall for 2nd day after US indictment spooks investors
Adani Group bonds were pressured for a second session, following the indictment of Gautam Adani by US prosecutors over an ...
India Today on MSN1d
What does this indictment mean for the Adani Group? Big debate on Rajdeep Sardesai's show
A US court has indicted Gautam Adani and seven others for allegedly paying Rs 2,029 crore (USD 265 million) in bribes to Indian government officials for securing solar power contracts with state ...