Tycoon -Business tycoon Gautam Adani is one of India’s richest men and has business interest in transport, manufacturing and stocks.
His giant multinational company Adani Group wants to invest in Kenya from the first time by taking over important infrastructure the JKIA.
He is also eying the lucrative energy sector that the government also claims that is ailing due to poor infrastructure.
Indian billionaire Gautam Adani’s firm, at some point, denied fresh allegations that Swiss authorities had frozen $310m (£236m) of their funds in Swiss bank accounts.
US-based short-seller Hindenburg Research alleged that the action was part of a money laundering and securities forgery investigation into the Adani Group.
In a post on X, Hindenburg cited “newly released Swiss criminal court records”, reported by a Swiss media outlet, as its information source.
In the past, Hindenburg has accused the Adani Group of money laundering and stock market manipulation, which the firm has denied.
