US bribery charges – Bhartiyanews24x7

The Kenyan government has announced the cancellation of a multi-million dollar deal with Adani Group following allegations of bribery and fraud leveled against the conglomerate by US authorities, as reported by news agency Reuters. Kenyan President William Ruto disclosed the decision on Thursday, stating that he had directed the termination of a $700 million contract for constructing power transmission lines. Additionally, Ruto ordered the cancellation of a procurement process to expand Jomo Kenyatta International Airport, which included a proposal from Adani Group. The move comes as Adani Group faces legal troubles in the United States. US prosecutors recently indicted Adani executives, including founder Gautam Adani, on charges of orchestrating a $265 million bribery scheme. The indictme...

NEW DELHI: The Adani group tried to enter Delhi's power sector but was stopped by then chief minister Arvind Kejriwal, AAP Rajya Sabha MP Sanjay Singh claimed Thursday and stressed the need for accountability after industrialist Gautam Adani was charged in the US for alleged bribery and fraud. The billionaire industrialist has been charged by US prosecutors for allegedly being part of a scheme to pay over $250 million (about Rs 2,100 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts. This was concealed from the US banks and investors from whom the Adani group raised billions of dollars for the project, the prosecutors have alleged. The Adani group denied the charges, saying the allegations by US prosecutors are baseless and the conglomerate is compl...

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Kenya Cancels Power Transmission Deal With Adani Group Amid US Bribery Charges

Adani group tried to enter Delhi’s power sector but Kejriwal stopped them: AAP’s Sanjay Singh | India News – Times of India