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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Shares in Indian billionaire Gautam Adani's conglomerate sunk again Friday after US charges alleging the tycoon paid more than $250 million in bribes to secure lucrative government contracts rattled investor confidence.
Wednesday's bombshell indictment in New York accused Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme.
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