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"speaker_name": "Mr. Bahari",
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"id": 156,
"legal_name": "Abdul Bahari Ali Jillo",
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"content": "Thank you, Mr. Temporary Deputy Speaker, Sir. I had asked a Question on 28th on the Arid and Semi-Arid Lands Districts. If we really analyzed the ten arid districts, you will be surprised to know that the percentage is lower than this and this is a matter of concern. Since the Ministry has attempted to put in place some of these measures, I want to know from the Assistant Minister how much they pay the part time teachers so that they can effectively carry out teaching."
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"speaker_name": "Prof. Olweny",
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"speaker": {
"id": 122,
"legal_name": "Patrick Ayiecho Olweny",
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"content": "Mr. Temporary Deputy Speaker, Sir, part time teachers are paid Kshs2000 per month."
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"speaker_name": "Mr. Mungatana",
"speaker_title": "The Temporary Deputy Speaker",
"speaker": {
"id": 185,
"legal_name": "Danson Buya Mungatana",
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"content": " Next Question, hon. Millie. Sorry, we had skipped one Question. Hon. Mbadi, you were to get the answer. That is Questions No.1031. Please, proceed!"
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"content": "Question No. 1031"
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"content": "CRITERIA FOR APPOINTMENT OF RECEIVER MANAGERS"
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"id": 5756,
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"type": "speech",
"speaker_name": "Mr. Mbadi,",
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"speaker": {
"id": 110,
"legal_name": "John Mbadi Ng'ong'o",
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"content": "on behalf of,"
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"id": 5757,
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"speaker": null,
"content": "Mr. James Maina Kamau,"
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"id": 5758,
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"content": "asked the Attorney General:- (a) what criteria is used in appointing receivers and if he could provide a list of companies placed under receivership since 1986 and indicate which ones have recovered and are making profits, (b) how much money the Government has lost through companies that have closed down after being placed under receivership over the same period, and, (c) whether he could confirm or deny that there are receivers who, upon appointment, have ended up starting businesses similar in nature with the companies they were appointed to rescue, and if so, what steps the Ministry is taking to ensure receivers help such companies to recover."
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"type": "speech",
"speaker_name": "Prof. Muigai",
"speaker_title": "The Attorney General",
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"id": 408,
"legal_name": "Githu Muigai",
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"content": " Mr. Temporary Deputy Speaker, Sir, I beg to answer:- (a)Under Section 212 of the Companies Act, which is Cap.486 of the laws of Kenya, the receiver maybe appointed under the following conditions:- 1. Maybe appointed by the court whenever a winding up process is commenced under the supervision of the court. In most cases, the official receiver would be appointed by the court as the provisional liquidator subject to confirmation, or otherwise, at the first creditors’ meeting. 2. An appointment by debenture holders. This will usually be banks, pursuant to powers vested in them under the debentures. 3. Appointment by statutory bodies pursuant to powers vested in them by statute. These examples would include the Deposit Protection Fund under the Banking Act, or the Commissioner of Insurance under the Insurance Act. 4. Finally, where there is a voluntary winding up and the shareholders of a company opt to wind up the company. Mr. Temporary Deputy Speaker, Sir, as a general rule, any person maybe appointed a receiver so long as they are not un-discharged bankrupts or they are not a body corporate. In fact, most receivers will be accountants or lawyers, or professionals knowledgeable in the management of companies."
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"type": "speech",
"speaker_name": "Prof. Muigai",
"speaker_title": "The Attorney General",
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"id": 408,
"legal_name": "Githu Muigai",
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"content": "According to records at the Official Receiver’s Office, 216 companies have been placed under receivership since 1986. The Attorney General is not in a position to ascertain, which, if any of these companies is making a profit. (b) It is not possible to assign a precise figure of the amount of money that the Government may have lost through companies that have closed down after being placed under receivership. Most of the recent receiverships have been handled by private receivers, and under the Deposit Protection Fund, which is under the Central Bank of Kenya. A total of 26 companies where the Government of Kenya held shares have been placed under receiverships since 1986. Twenty two of them have been sold, while under receivership. One is still in the last stages of liquidation while two are still under receivership. The last one is Uchumi Supermarket Limited. The receivership has been lifted and the company has recovered. It has been readmitted to trading in the Nairobi Stock Exchange. I am happy to confirm that it is making a profit. The following are the companies I have referred to. They are 26 of them. If you direct me to read them, I shall do so."
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