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{
    "id": 1048921,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1048921/?format=api",
    "text_counter": 259,
    "type": "speech",
    "speaker_name": "Sen. Shiyonga",
    "speaker_title": "",
    "speaker": {
        "id": 13181,
        "legal_name": "Masitsa Naomi Shiyonga",
        "slug": "masitsa-naomi-shiyonga"
    },
    "content": "Thank you, Madam Deputy Speaker. When you read carefully the amendment Bill by Sen. (Dr.) Zani, you will see it is trying to mitigate against embezzlement of members’ savings by some crooked directors. Currently our Committee on Labour and Social Welfare is dealing with so many complaints from cooperative societies because members’ savings have been stolen. Yes I agree with Sen. Kinyua that some people start cooperatives to enrich themselves, but others want to steal from members. The amendments proposed in this Bill will make sure all directors are vetted so that we root out the rogue ones. Madam Deputy Speaker, during the formation of these cooperative societies, it is important for members to be sensitized from the family level to a community level. This is because young people, especially boda boda riders are using their title deeds as collateral for loans. When it comes to repayment, they are harassed. Sometimes their"
}