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Kenya cancels airport and energy deals 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.
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
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 men.
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,
No Binding Agreement For Any Airport Project In Kenya, Adani Group Says
The Adani Group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after the US' allegations, saying it
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.
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 pact to operate airport in Kenya: Adani Group
On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations,
TotalEnergies pauses investments in India's Adani Group
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto recently canceled a procurement process that was set to award control of Kenya’s main airport to Adani, while a committee in Bangladesh has called for a thorough legal review of Adani’s power generation contracts in the country.
TotalEnergies pauses investments in India's Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
Gautam Adani Indictment: 5 Things to know about the alleged bribery charges against the billionaire
US prosecutors have charged Indian billionaire Gautam Adani and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India.In the indictment, prosecutors alleged the tycoon and other senior executives had agreed to the payments to Indian officials to win contracts for his renewable energy company,
5d
on MSN
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 ...
AFP on MSN
5d
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 ...
5d
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been ...
5d
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...
ABC News
6d
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
NAIROBI,
Kenya
--
Kenya
’s president said Thursday that he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam
Adani
after U.S. bribery and fraud ...
U.S. News & World Report
2d
US SEC Issues Summons for India's Adani, Nephew on Bribery Allegations
The fallout was felt immediately, as billions of dollars were wiped off the market value of
Adani
Group companies and ...
4d
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 ...
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