Indian Bid For Kenya's Main Airport Blocked By Court

6 Days(s) Ago    👁 65
indian bid for kenyas main airport blocked by court

According to court documents, a Kenyan High Court has temporarily halted a planned agreement for Adani Group to take a 30-year lease of Kenyas main airport in exchange for its expansion.

The Law Society of Kenya (LSK) and the Kenya Human Rights Commission (KHRC) jointly informed the court that Kenya could independently raise the $1.85 billion needed to upgrade Nairobis Jomo Kenyatta International Airport (JKIA).

LSK and KHRC argued that the proposed 30-year lease of JKIA by the Adani Group, owned by Asias second-richest person, Gautam Adani , was unaffordable, could cause job losses, posed fiscal risks, and did not provide value for the taxpayers, as per court documents released by KHRC on their website.

Odhiambo stated that the court had issued a stay to prevent individuals from implementing or acting on the privately proposed Adani plan for JKIA until the court case is concluded.

A spokesperson for the Kenya Airports Authority declined to comment on the legal matters.