Tanzania plans to honour its contracts with an Adani Group unit despite a US indictment of its billionaire chairman Gautam Adani on accusations of bribery and fraud, a senior official at the ports authority said.
Adani was indicted for fraud last week and arrest warrants were issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. Adani Group has denied the accusations.
They cannot dare cancel. They won’t dare! Zile fines Tanzania inapigwa left and right in international arbitrations after magufuli wrecked havoc with his ill informed license cancelations, detentions of high ranking foreign workers of foreign companies and grabbing their assets in the name of economic reformation hawezi afford ujinga huo tena. How many times have their aeroplanes been seized by those people?
