Kenya cancels airport and energy deals with Adani group after US indicts the tycoon
Nairobi, Nov 21: Kenya's president said Thursday he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after US bribery and fraud indictments against one of Asia's richest men.
President William Ruto in a state of the nation address said the decision was made “based on new information provided by our investigative agencies and partner nations.” He didn't specify the United States.
The Adani group had been in the process of signing an agreement that would modernize Kenya's main airport in the capital, Nairobi, with an additional runway and terminal constructed, in exchange for the group running the airport for 30 years.
The widely criticised deal had sparked anti-Adani protests in Kenya and a strike by airport workers, who said it would lead to degraded working conditions and job losses in some cases.
The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub.
Also Thursday, Energy Minister Opiyo Wandayi told a parliamentary committee there had been no bribery or corruption involved on Kenya's part in signing that deal.
US prosecutors indicted Adani this week on charges he duped investors in a massive solar energy project in India by concealing that it was facilitated by an alleged bribery scheme. He was charged with securities fraud and conspiracy to commit securities and wire fraud.
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2 Indian journalists win Pulitzer Prize for highlighting cyber fraud
New York (PTI): Indian journalists Anand RK and Suparna Sharma have won the prestigious Pulitzer Prize for their work highlighting digital surveillance and cyber fraud.
Anand and Sharma won the award, announced on Monday, in the Illustrated Reporting and Commentary category. They share the award with Natalie Obiko Pearson of Bloomberg.
According to The Pulitzer Prizes website, the award-winning work titled “trAPPed”, produced for Bloomberg, narrates the "riveting account" of a neurologist in India who was held under a “digital arrest” through her phone, using a blend of "visuals and words" to underscore the "growing global challenges of surveillance and digital scams".
The Pulitzer Prizes, administered by Columbia University, are regarded as among the highest honours in journalism, literature and music composition, recognising excellence in reporting and storytelling.
