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President William Ruto addressing the Parliament of Kenya in Nairobi.
The Kenyan government on Thursday announced the cancellation of all deals with Adani Group. These included big projects like power transmission and airport expansion. The Kenyan government has taken this decision after 8 people including Indian industrialist Gautam Adani were accused of fraud worth billions of rupees in America.
In his speech, President William Ruto said, ‘Our government operates on the principles of transparency and honesty and will not approve agreements that are against the country’s image and interests. We will not accept any contract which is against the policies and values of our country.
There was a deal worth Rs 6,217 crore with Adani Group. The Government of Kenya had signed a power transmission deal worth $736 million i.e. Rs 6,217 crore for 30 years with Adani Group. Under this deal, infrastructure for electricity transmission was to be created in Kenya. Apart from this, Adani Group also had a proposal of 1.8 billion dollars i.e. 15.20 thousand crore rupees, in which an international airport was to be expanded, but both these deals have now been cancelled.
Allegation of offering bribe of ₹2200 crore Earlier this morning, news had come that 8 people including industrialist Gautam Adani have been accused of fraud worth billions of rupees in America. The United States Attorney’s Office says that Adani paid or was planning to pay bribes of $ 265 million (about Rs 2200 crore) to Indian officials to get contracts related to solar energy in India.
This entire matter is related to Adani Group company Adani Green Energy Limited and another firm. This case was registered in the Federal Court of New York on 24 October 2024. In its hearing on Wednesday, Gautam Adani, his nephew Sagar Adani, Vineet S Jain, Ranjit Gupta, Cyril Cabenis, Saurabh Aggarwal, Deepak Malhotra and Rupesh Aggarwal have been made accused.
According to Reuters report, arrest warrants have also been issued against Gautam Adani and Sagar. Sagar is an officer of Adani Green Energy Limited.
