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{
    "id": 1048913,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1048913/?format=api",
    "text_counter": 251,
    "type": "speech",
    "speaker_name": "Sen. (Prof.) Kindiki",
    "speaker_title": "",
    "speaker": {
        "id": 1046,
        "legal_name": "Kithure Kindiki",
        "slug": "kithure-kindiki"
    },
    "content": "Madam Deputy Speaker, I hope through this Bill, whether it is at the Committee stage or still within the province of the sponsor, my sister Sen. (Dr.) Zani, ways must be sought to provide national norms on how to hold the senior officials and directors who run cooperative societies in this country. This is to make sure that they do not steal money of depositors and live like kings when the peasants who struggle so hard to save are living in penury. That is the only area that perhaps I thought through this legislation, a provision can be thought about as an entry point to strengthen this wonderful Bill. Madam Deputy Speaker, allow me to conclude by saying that equally there is need to increase the levels of democracy in those societies. This is because the ordinary member of a cooperative does not seem to have very much say in terms of how these institutions are run, especially if he does not have a lot of shares. There must be a way also of making sure that we increase the democracy in those institutions. I do not want to belabour the point. This is an important Bill and I look forward to it becoming a law for the sake of improving the quality of life and the development index across our country, especially at the grassroots level. With those many remarks, I support that the Cooperative Societies (Amendment) Bill (Senate Bills No.11 of 2020) be read a Second Time."
}