KENYAN PRESIDENT CANCELS MAJOR ELECTRICITY AND AIRPORT DEALS

President William Ruto has canceled two main deals involving Jomo Kenyatta International Airport (JKIA) and the Kenya Electricity Transmission Company (Ketraco) with Indian billionaire Gautam Adani after he was indicted for fraud by U.S. prosecutors.Adani was accused of orchestrating a U.S.$250 million bribery scheme and concealing it to raise money in the U.S.Ruto said the deals had been canceled due to "new information provided by our investigative agencies and partner nations".Join this conversation and more coming right up.
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