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Adani's airport project spark protests, lawsuits, hearings in Kenya

Business Standard LogoBusiness Standard7h ago

Adani's airport project spark protests, lawsuits, hearings in Kenya - Business Standard

Quick Summary:

Adani Group said at the time that it was not aware of any investigation against its chairman, and that it was subject to and fully compliant with anti-corruption and anti-bribery laws in India and other countries.Adani's about $1.

The Adani spokesperson told Bloomberg that said the company can’t comment on terms of the public-private partnership or concession agreements because discussions are ongoing.

Adani would also be allocated land to build hotels and businesses to compliment the airport, as well as being granted favorable tax treatment from the Kenyan government, according to the documents.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 22:39:42 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 998 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22852340

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 282 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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