The Adani Group clarified it has not signed any binding agreement to operate Kenya’s main airport amidst reports of Kenya cancelling deals after a US bribery indictment. The group confirmed establishing subsidiaries in Kenya for airport and power transmission projects, stating no binding agreements have been made and no disclosure is required under SEBI regulations. President Ruto canceled a proposed $2 billion airport deal and a $736 million power transmission partnership following the indictment of Gautam Adani, with the group denying the allegations and pursuing legal action.
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Big win for India: FATF cites Pak as example of nations flouting weapons proliferation norms
A FATF report highlights Pakistan's involvement in developing ballistic missiles, citing a 2020 seizure of dual-use equipment mis-declared in export documents linked to the National Development Complex. This revelation may aid India in advocating for Pakistan's return to the FATF grey list amid growing scrutiny of state-sponsored terrorism following a recent attack in Kashmir. Need More Context? 🔎
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