Adani fights back on JKIA leasing , Justifying Significance of the deal

1 minute, 18 seconds Read

Indian firm Adani Airports Holding Limited has staged a fightback against case filed to block its deal to take over the running of Jomo Kenyatta International Airport ( JKIA ) in Nairobi .

In a response filed at the High Court in Nairobi , the company argues that the cases are premature because they seek to stop a project that is still at the due diligence stage and is yet to be approved.
Adani Says the poor infrastructure at Kenya’s largest Airport called for urgent need to improve the status of JKIA to a world class airport.

Jomo Kenyatta International Airport (JKIA) | Photo Courtesy

The investor claim they developed interest in investing and improving JKIA following media reports on poor status of the airport , and lodged the privately initiated proposal with the Kenya Airport Authority ( KAA) on March 1st 2024.

“In the proposal , the 5th respondent ( Adani Airports Holdings Ltd ) gave a detailed analysis of the project delivery plan , a Justification for using the privately initiated proposal ( PIP) method , the for money and affordability of the project , the positive impact of the proposed PIP method and also disclosed all the financial implications of the project “ The Indian firm said in response to a petition filed by the Kenya Human Rights Commission and the Law Society of Kenya ( LSK )

The High Court temporarily suspended leasing plan and directed the case to be heard on October 8 .
KHRC and LSK agrued that JKIA is a strategic and profitable national asset and the deal is therefore , irrational and violates the principles of good governance , accountability , transparency and responsible use of public Money .

About The Author

author

Bill Otieno

Bill Otieno is an Explorer , Journalist and a Creative Producer majoring in features and documentaries .

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Solverwp- WordPress Theme and Plugin