SENATE REPORT ON ADANI/JKIA TAKEOVER.

In the recent senate report on the Adani Group’s proposed takeover of JKIA ha raised several concerns, leading to a temporary suspension of the deal. Key recommendations from the senate and PIC include conducting a special Audit to examine the procurement process, assess the fairness of adani selections and evaluate whether project aligns with Kenya’s broader public interest.

The report flagged issues such as the lack of transparency in how alternative biders were sidelined and questioned the feasibility and suitability of the privately initiated proposal PIP from Adani. There were also concerns about future of Kenya Airports Authority employees and how the deal may affect Kenya Airways and other airports operators.

Adani have been asked to address several issues before the project can proceed, that includes tax compliance, transparency in public participation and providing details financial models the investment. A special Audit is to take place and next step will depend on the findings this audit. Which is to ensure that public resources are managed responsibly.

The Senate emphasized the importance of protecting public trust, and further discussions on the deal will take place after the results of the special Audit are reviewed.

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