Kenya’s President William Ruto announced the cancellation of multimillion-dollar deals with Indian tycoon Gautam Adani following U.S. bribery and fraud charges against him. The cancelled agreements included a plan to expand Nairobi’s main airport and a project to build power transmission lines. Ruto explained that the decision was based on new information from investigative agencies and international partners, though he did not specifically name the U.S. The airport deal, which involved Adani running the airport for 30 years, had faced criticism and protests over concerns about job losses and working conditions. The U.S. indictment accuses Adani of deceiving investors in a solar energy project by hiding a bribery scheme, leading to charges of securities fraud and conspiracy.
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