Ruto Cancels Adani Power Deal
This is a U.S. news story, published by The Economic Times, that relates primarily to Adani news.
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main allegationsThe Economic Times
•Kenya cancels power transmission deal with Adani following US bribery charges
88% Informative
Ruto said he had also directed the cancellation of a more than $700 million deal the energy ministry had signed with a unit of the Adani Group to construct power transmission lines.
This comes after U.S. prosecutors indicted Adani for conspiring with executives of a former New York -listed company to devise a $265 million scheme to bribe Indian officials.
Adani has denied the allegations as "baseless", while Indian government officials haven't commented so far.
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