Adani Claims They Paid Ksh. 6.5M to Kenyan Government for JKIA Acquisition Proposal
Written by Black Hot Fire Network on September 19, 2024
Adani Airport Holdings Limited, a subsidiary of India’s Adani Group, has disclosed that it paid Ksh. 6.5 million ($50,000) to the Kenyan government as a review fee for its proposed acquisition and modernization of Jomo Kenyatta International Airport (JKIA) in Nairobi. This payment is part of the company’s $1.85 billion (Ksh. 242 billion) bid to manage and upgrade the airport.
In court documents filed on September 17, Adani confirmed that the review fee was paid to the Public Private Partnerships Facilitation Fund, in compliance with Kenyan regulations. The company’s legal team . . .