Adani Group Denies Binding Agreement For Kenya Airport

Adani Energy Solutions says no material impact from Kenya energy deal cancellation
President William Ruto also said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of Kenya's main airport to India's Adani Group. U.S. authorities on Wednesday indicted Adani Group founder Gautam ...
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
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 me
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
Gautam Adani's group refuted claims that Kenya canceled deals worth over USD 2.5 billion following bribery charges in the US. The group clarified that no binding agreement was in place for operating Kenya's main airport and the power transmission line project didn't necessitate disclosure under Sebi regulations.
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 Denies Kenya Airport Deal, Clarifies Power Line Project
Adani Group denies entering into a binding agreement to operate Kenya's main airport, clarifying on reports of deal cancellation following US bribery charges.
‘Not signed any agreement to operate main airport in Kenya’: Adani group clarifies on Kenya cancelling contract
In a separate filing on October 9, Adani Energy Solutions Ltd, which operates power transmission lines, confirmed it was awarded the contract to build transmission lines in Kenya. Following this, it established a subsidiary in Kenya.
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 after the company’s billionaire founder was charged by the US authorities in a separate bribery scheme.
Adani Group Denies Pact to Operate Kenya's Main Airport Amid Bribery Allegations
Gautam Adanis group denies entering a pact to operate Kenyas main airport, responding to cancellation reports linked to bribery charges.
Kenya: Why Ruto cancelled the Adani deals
The president’s announcement came a day after Gautam Adani, the chair of the Indian conglomerate, was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme.
Never entered into agreement to operate airport in Kenya: Adani Group
The group was responding to notices sent by stock exchanges to confirm reports of Kenyan President William Ruto ordering the cancellation of a procurement process
Gautam Adani's group BREAKS silence on reports of Kenya cancelling Rs 21109 crore deals after US charges billionaire
The Adani group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any ...
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 ...
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What does this indictment mean for the Adani Group? Big debate on Rajdeep Sardesai's show
A US court has indicted Gautam Adani and seven others for allegedly paying Rs 2,029 crore (USD 265 million) in bribes to Indian government officials for securing solar power contracts with state ...