Kenya’s President William Ruto has cancelled two deals that its government made with Indian company Adani Group.
The deals include the expansion of the Jomo Kenyatta International Airport (JKIA) and the energy deal with Kenya Electrical Transmission Company.
Ketraco and Adani had entered a deal to build and operate four transmission lines and two substations in the country.
The Ketraco Ksh 96.68 billion deal build power transmission lines had already been signed.
Energy Cabinet Secretary Opiyo Wandayi had on Thursday morning told the Parliament that the deal would continue.
Notably, this decision came barely a few hours after Wandayi said the Ketraco deal with Adani Energies Solutions will go on despite Gautam Adani’s fraud charges in the US.
The CS said that the government had conducted two phases of due diligence exercise on Adani.
It included, according to Wandayi, a documentary review process where the company demonstrated technical, legal and financial capacity for the Ketraco projects.
The Law Society of Kenya (LSK) has since asked the government to make public all the costs and losses incurred from the cancellation of the Adani deals.
In a statement released on Thursday, LSK President Faith Odhiambo uplauded the move to abolish the Public Private Partnerships between the Adani Group and the Kenya Airports Authority and KETRACO.
She noted that the termination of the deals was in the best public interest.
Odhiambo the need to ensure strict adherence to the Constitution saying the recognition of the issues surrounding the Adani deals was long overdue.
