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"id": 107013,
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"type": "speech",
"speaker_name": "Mr. Pesa",
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"legal_name": "John Dache Pesa",
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"content": "Mr. Deputy Speaker, Sir, I beg to ask the Deputy Prime Minister and Minister for Finance the following Question by Private Notice. (a) Could the Minister confirm to the House how Treasury plans to raise money for the growing list of emergencies, given that the process of the sale of the Consolidated Bank of Kenya has run into trouble after a group of investors moved to court to block it? (b) What stake does the Treasury (together with the Deposit Protection Fund) own in the bank and what percentage had been earmarked for sale in the 2009/2010 Financial Year? (c) Is it true that proceeds from the sale were to help plug the Kshs.168 billion budget deficit in the 2009/2010 Fiscal Year and that Treasury had projected to raise Kshs.6 billion from privatization by June 2011 and, if so, what will happen in the event that the Court case succeeds?"
}