HTTP 200 OK
Allow: GET, POST, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept
{
"count": 1608389,
"next": "http://info.mzalendo.com/api/v0.1/hansard/entries/?format=api&page=148514",
"previous": "http://info.mzalendo.com/api/v0.1/hansard/entries/?format=api&page=148512",
"results": [
{
"id": 1503322,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503322/?format=api",
"text_counter": 562,
"type": "speech",
"speaker_name": "Hon. Peter Kaluma",
"speaker_title": "The Temporary Speaker",
"speaker": {
"id": 1565,
"legal_name": "George Peter Opondo Kaluma",
"slug": "george-peter-opondo-kaluma"
},
"content": " Hon. Kimani Kuria."
},
{
"id": 1503323,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503323/?format=api",
"text_counter": 563,
"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. This is one of the Bills that were sponsored by the Leader of the Majority Party and referred to the Departmental Committee on Finance and National Planning. In as well as we appreciate the need to have people designate others to get their unclaimed assets, one of the matters that we are grappling with as a committee is the risk that is put on those unclaimed assets. These unclaimed assets are financial and, therefore, there would be insurance compensations, money in bank accounts, balances in M-PESA accounts etc. And the reason why they would be in the Unclaimed Assets Authority in the first place, is because the owners of these funds may not be aware that that money exists. For example, you probably opened a bank account many years ago when you were younger and forgot about it, or lost a phone that had an M-PESA balance in it. And therefore, the fact that you do not use that number anymore, money owned by you could still be in that M-PESA account. If we allow someone to designate someone else to be paid that money on their behalf, we could have some unscrupulous people going around looking for unclaimed monies in the fund and claiming that they have been authorised to access it on one’s behalf. Consider that the real beneficiaries of those funds may not even be aware."
},
{
"id": 1503324,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503324/?format=api",
"text_counter": 564,
"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": "The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
},
{
"id": 1503325,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503325/?format=api",
"text_counter": 565,
"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": "The spirit is however very good. This is because we have a lot of monies in billions of shillings that are lying in the unclaimed assets and that the authority is using to trade in bonds, treasury bills and other transactions of the banks. How then do we achieve the difference? If you look at the Unclaimed Assets Act, it necessitates all financial institutions to first of all use all means necessary to try and find the beneficial owners of those assets. It also prohibits them from keeping that money or those balances after a stipulated amount of time, but to transfer those assets into the Unclaimed Assets Authority. We need to look at the penalties prescribed in the law for failure to do that. If we have these financial institutions remit all the unclaimed financial assets to the authority and put it to task, in order to use all means necessary to find the beneficial owners of these assets, then this matter will not arise. We are however concerned as a committee, that if this is left as it is, we could have people claiming to be designated to access these funds. And remember, the real beneficial owners of these assets do not know that they own them and therefore depend on the fund. With that, I beg to support."
},
{
"id": 1503326,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503326/?format=api",
"text_counter": 566,
"type": "speech",
"speaker_name": "Hon. Peter Kaluma",
"speaker_title": "The Temporary Speaker",
"speaker": {
"id": 1565,
"legal_name": "George Peter Opondo Kaluma",
"slug": "george-peter-opondo-kaluma"
},
"content": " Hon. John Gitonga."
},
{
"id": 1503327,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503327/?format=api",
"text_counter": 567,
"type": "speech",
"speaker_name": "Manyatta, UDA",
"speaker_title": "Hon. Gitonga Mukunji",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. I rise to contribute to this Bill. I reject and oppose the proposal of getting a third party to enjoy goods from the unclaimed financial assets. As per the records, we have over Ksh62 billion worth of assets in cash and shares in the unclaimed assets category. These are unclaimed assets. An unclaimed asset is one that has not gotten somebody to claim it. It is not very clear to me as to how a third party can be able to say that he was given mandate. And by whose authority can we claim that somebody has been given mandate to take these assets? With such an amount, interests will come in and unscrupulous people will try to lay hands on assets that are not their own and that they are not given a chance to claim."
},
{
"id": 1503328,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503328/?format=api",
"text_counter": 568,
"type": "speech",
"speaker_name": "Manyatta, UDA",
"speaker_title": "Hon. Gitonga Mukunji",
"speaker": null,
"content": "This House will set a bad precedent by allowing third parties to claim unclaimed assets. Even the vetting and knowing clearly that these assets were designated to a third party would be something that requires a lot of effort. The Bill itself does not provide for that. So, I oppose this, and recommend my colleagues to also oppose it."
},
{
"id": 1503329,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503329/?format=api",
"text_counter": 569,
"type": "speech",
"speaker_name": "Hon. Peter Kaluma",
"speaker_title": "The Temporary Speaker",
"speaker": {
"id": 1565,
"legal_name": "George Peter Opondo Kaluma",
"slug": "george-peter-opondo-kaluma"
},
"content": " Hon. Julius Rutto will suffer the fate of doing under five minutes."
},
{
"id": 1503330,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503330/?format=api",
"text_counter": 570,
"type": "speech",
"speaker_name": "Kesses, UDA",
"speaker_title": "Hon. Julius Rutto",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. I will use one minute. I rise to reject this amendment. When this particular amendment was brought to our committee, we engaged stakeholders including the acting CEO of the Unclaimed Assets Authority. To our surprise, they were not even aware how this amendment was brought to the Parliament. Up to now we are yet to know the reason and justification for someone who has been identified through all those processes to benefit from unclaimed assets to transfer again to another person. We never got the justification. I reject this particular amendment. We rejected it as a Departmental Committee on Finance and National Planning."
},
{
"id": 1503331,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1503331/?format=api",
"text_counter": 571,
"type": "speech",
"speaker_name": "Hon. Peter Kaluma",
"speaker_title": "The Temporary Speaker",
"speaker": {
"id": 1565,
"legal_name": "George Peter Opondo Kaluma",
"slug": "george-peter-opondo-kaluma"
},
"content": " Hon. Julius Rutto, what happens where a person has no known close relative?"
}
]
}