WATCH THE VIDEO HERE Kenya’s President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was indicted for fraud by US prosecutors. In his state-of-the-nation address on Thursday, Ruto said the deals had been cancelled based on “new information provided by our investigative agencies and partner nations”. The day before, Mr Adani, India’s second-richest man, was charged with fraud by US prosecutors for allegedly orchestrating a $250m (£198m) bribery scheme and concealing it to raise money in the US. Representatives from Adani Group have denied the allegations from US prosecutors and called them “baseless”. Source:BBC
President William Ruto cancels two major deals with Indian billionaire Gautam Adani
