Kenya’s government has terminated agreements with the Adani Group for critical infrastructure projects, including the modernization of Nairobi’s Jomo Kenyatta International Airport (JKIA) and a $736 million power transmission project. These cancellations come in the wake of U.S. allegations of bribery and securities fraud against Indian billionaire Gautam Adani.
President William Ruto announced the cancellations, citing concerns over transparency and adherence to constitutional principles. The deals had faced intense scrutiny, including legal challenges from the Law Society of Kenya and public protests over potential job losses and inadequate public participation. The Nairobi Airport project, valued at $1.85 billion, and the power infrastructure contract were part of a public-private partnership model, which critics argued lacked accountability.
Kenyan courts have since issued injunctions, pausing both projects for judicial review. The legal actions highlight broader concerns about governance and Kenya’s rising debt burden, which has forced the country to seek financial assistance from the International Monetary Fund.
Adani Group’s troubles are compounded by U.S. indictments alleging fraudulent practices in a solar energy project in India, further intensifying global scrutiny on the conglomerate.
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