President Ruto cancels Adani Group takeover deals with JKIA, KETRACO
- Published By Jedida Barasa For The Statesman Digital
- 11 months ago
President William Ruto has ordered the immediate cancellation of all Adani Group deals.
This includes the signed deal between KETRACO and Adani Group as well as the planned takeover of Jomo Kenyatta International Airport.
During his State of the Nation Address on Thursday, the president said the decision was attributed to credible evidence from the relevant agencies.
He noted that the ongoing deals with the Adani Group could not continue with such insurmountable evidence.
The United States government charged Gautam Adani, chair of Indian conglomerate Adani Group for allegedly paying Ksh.30 billion in bribes to the Indian government to obtain solar energy supply contracts.
"In the face of undisputed evidence or credible information on corruption, I will not hesitate to take action. Based on the new information provided by investigating agencies and partnering nations that the procuring agencies within Ministry of Transport and Energy immediately cancel the ongoing process for the JKIA PPP deal and KETRACO deal," he said.
Share on
SHARE YOUR COMMENT
MORE STORIES FOR YOU
Trending Stories
DJ Mo’s former illicit lo...
- Published By Jane
- January 15, 2024
Mapenzi! Zari and Tanasha...
- Published By Jane
- October 24, 2023
Zuchu Speaks on Diamond P...
- Published By Jane
- October 12, 2023
Hio Ni Upumbavu Wasituche...
- Published By Jane
- November 8, 2023
RECOMMENDED FOR YOU
How People are Using AI t...
- Published By The
- October 29, 2025
How Raila Odinga’s Death...
- Published By The
- October 29, 2025
What is Ayurveda? Raila O...
- Published By The
- October 29, 2025
Why Parents Should Spend...
- Published By The
- October 29, 2025
Latest Stories
Mohamed Salah Shines as A...
- Published By The
- November 2, 2025
Mbappe and Bellingham Sco...
- Published By The
- November 2, 2025
15 People Confirmed Dead...
- Published By The
- November 2, 2025
Photos: President William...
- Published By The
- November 2, 2025

