President William Ruto has ordered the immediate cancellation of the planned Adani Group takeover deal of the Jomo Kenyatta International Airport.
Ruto at the same time directed the cancellation of the signed deal with the Kenya Electricity Transmission Company.
In his State of the Nationa address at Parliament, Ruto said this was in view of new evidence by local investigative agencies and information from partner states that link the Indian conglomerate with graft.
“Honourable members I have stated in past and now reiterated today that in the face of undisputed evidence or credible information on corruption I will not hesitate to take decisive action,” Ruto said.
“Accordingly, I now direct in furtherance of principles enshrined in Article 10 of the constitution on transparency and accountability and based on new information provided by investigative agencies and partner nations, that the procuring agencies in the Ministry of Transport and the Ministry of Energy and Petroleum, immediately cancel the ongoing procurement process for the JKIA expansion private-public-partnerships,” Ruto said.
The cancellation came after reports indicated that the Adani Group owner and its directors had been charged in the US with alleged fraud.
Adani Group Spokesperson however denied any wrongdoing on the part of the directors and the owner saying being charged does not mean they are guilty.
