India’s billionaire Gautam Adani has settled its case with the US Securities and Exchange Commission (SEC) as he continues to snub Kenya talks, over compensation after the verbal cancellation of a multi-billion shilling deal to build electricity transmission lines and substations.
US enforcement agencies plan to end actions against Mr Adani and his business conglomerate, following accusation of the tycoon’s involvement in a $265 million bribery scheme.
