CS Mbadi Defends Raila’s Position on Adani Group (Video)

National Treasury and Economic Planning Cabinet Secretary John Mbadi has come forward to support Azimio party leader Raila Odinga’s previous endorsement of the now-controversial Adani Group.

Speaking in Nyando, Kisumu County on Saturday, Mbadi addressed the growing questions about Odinga’s supportive stance toward the Indian conglomerate.

This endorsement had come in support of the government’s initial decision to award several significant contracts to the Indian business group.

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In his defense of the former prime minister, who is currently a candidate for the AUC chairmanship, Mbadi emphasized that Odinga’s assessment was based on Adani’s visible infrastructure achievements in other countries.

He particularly highlighted the challenge of verifying the procurement processes in foreign jurisdictions.

Mbadi clarified that Kenya had been conducting thorough due diligence before finalizing any agreements with the Adani Group.

However, he acknowledged that recent developments, particularly the US government’s charges against Adani Group founder Gautam Adani and his associates, had significantly altered Kenya’s position regarding the proposed energy and airport deals.

The CS suggested that the Adani Group might have withheld crucial information during their negotiations with Kenya.

The discussion follows President William Ruto’s recent announcement during his State of the Nation Address in Parliament on Thursday, where he confirmed the cancellation of both the Jomo Kenyatta International Airport (JKIA) and KETRACO deals with the Adani Group.

The President attributed this decision to new intelligence received from investigative agencies and partner nations.