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{
"id": 1040483,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1040483/?format=api",
"text_counter": 39,
"type": "speech",
"speaker_name": "Hon. Mike Mbuvi Sonko",
"speaker_title": "The Governor of Nairobi City County",
"speaker": null,
"content": " Mr. Speaker, Sir, the Public Finance Management (Nairobi City County Bursaries and Scholarship Fund) Regulation, Section 10 and 11 states that- (a) The Executive Committee shall thereafter issue the necessary bank instructions that shall cause the lump sum payments to be effected by the paying bank to the relevant bank accounts of the beneficiary institutions of learning as prepared by the various County committees.” This is where the problems between me and the MCAs started. (b) The relevant details of the successful applicants shall be communicated to the paying bank by the Executive Committee while issuing instructions for payments.” These are the precautions we raised after discovering that we were losing a lot of money through the release of cheques directly to MCAs. Mr. Speaker, Sir, the last one; Section 11 says- “The Executive Committee shall cause preparation of the bursary voucher bearing the following details- (a) Full name of the institution; (b) Full name of the students; (c)Admission number of the students; and, (d) The bursary amount to be disbursed in favor of the beneficiary students to schools. These were just measures to curb the misappropriation of funds by MCAs. Again, I will refer to the statements, which we are not producing because of your Ruling. However, in this statement, we remitted funds to all the schools and all the beneficiary students by Real-Time Gross Settlement (RTGS)---"
}