Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest men.

The Adani Group is experiencing significant setbacks globally after its chairman, Gautam Adani, was indicted in the U.S. for alleged bribery and fraud involving Adani Green Energy contracts

Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

It follows accusations that Adani was scheming to pay over $250 million in bribes to Indian government officials, which he denies.