" Kenya cancels more than $2.5bn in deals with Adani after US indictment", 21 November 2024

Kenyan President William Ruto has 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.

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Under the proposed deal worth nearly $2bn, the Adani Group was to add a second runway at Jomo Kenyatta International Airport and upgrade the passenger terminal in exchange for a 30-year lease.

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Ruto also said he was cancelling a separate 30-year, $736m public-private partnership that an Adani Group firm signed with the Ministry of Energy and Petroleum last month to construct power transmission lines.

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Representatives from the Adani Group did not immediately respond to a request for comment.

US authorities said in the indictment on Wednesday that group founder Gautam Adani, one of the world’s richest people, and seven other defendants agreed to pay about $265m in bribes to Indian government officials.

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The Adani Group made the airport proposal in March under a procedure that circumvents competitive bidding, but it did not become public until July through a leak on social media.