Adani Deal.
Kenyans are up in the arms on Adani deal. A deal that will see Kenya wait for 30 years to take control of their major airport again.
The Indian based company is expected to pump over 1.8 billion dollars to Jomo Kenyatta International Airport.
They are expected to build runaway, renovate facilities and modernize the airport in totality by 30 years.
After 30 years, they will give the airport back to Kenyans while retaining 18% of shares for life. Something that has become more controversial for Kenyans to accept.
Workers at the airport are also expected to be rehired on new terms with revised contracts. Some will content with job losses since foreigners will be brought in to join the rest.
Kenyans Reaction On The Deal.
Jomo Kenyatta International airport workers are not happy with the deal and have made it clear their feelings today. They have been protesting the Whole day demanding Adani deal thrown out. They want to be involved in any deals going forward.
Lawyer Donald Kipkorir Advice To Ruto
Lawyer Kipkorir has joined Kenyans in calling on Ruto to end Adani deal. He has Witten an open latter to the president as things intensifies on Adani deal.
“Open X to President William Ruto:Your Excellency, ADANI-JKIA Deal stinks to the High Heavens if not the lowest depths of hell! From the documents available in public, the entire deal was structured to steal money from the public & to enrich the Transaction Advisors & the Brokers! One can’t do a Contract that benefits only One Party. A Public Contract ought to benefit the Public more than it benefits the Private Party. At worst, there should be Terms & Benefits Parity.” Posted Kipkorir.
“However, this Deal is such that it is only ADANI that benefits in bad times & in good times, and benefit even more where the Deal is terminated. The Deal was made in Hell! Lead the Country in walking away from the deal & get other many conscientious Investors to replace. Adani will not win any suit against Kenya. Let the chips fall where they may! Let the heavens fall!” Added Kipkorir.
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