Kenyan President Ruto Cancels Deals With India's Adani Firm Amid US Indictment | Firstpost Africa

Kenyan President Ruto Cancels Deals With India's Adani Firm Amid US Indictment | Firstpost Africa

Kenyan President William Ruto has cancelled two major deals with India's Adani Group. Ruto made a state of nation address on Thursday, which came after months of political turmoil in the country. The highlight of his address was the cancellation of multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani. The decision by Ruto to scrap them comes after the founder of the Adani group, Gautam Adani, was charged in the United States on Wednesday for bribery and fraud. Adani along with his nephew and six other co-defendants are accused of paying around 265 million dollars in bribes to Indian government officials. Watch for more details.

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