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{
    "id": 1075495,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1075495/?format=api",
    "text_counter": 91,
    "type": "speech",
    "speaker_name": "Sen. Malalah",
    "speaker_title": "",
    "speaker": {
        "id": 13195,
        "legal_name": "Cleophas Wakhungu Malalah",
        "slug": "cleophas-wakhungu-malalah-2"
    },
    "content": "Thank you, Madam Deputy Speaker. I rise pursuant to Standing Order No. 481) to seek a Statement from the Committee on agriculture, Livestock and Fisheries on the state of affairs at Mumias Sugar Company Limited and the reported resuscitation measures. In the Statement, the Committee should - 1. address in detail the current state of the company’s assets and liabilities while indicating the value of the core and non-core assets and stating which entity undertook such valuation if at all; 2. state the fate of the current receiver manager while providing details on when and by whom the decision to lease out the company was made and tabling correspondence on the said decision to the Capital Market Authority and other regulatory bodies; 3. provide details on the procedure to be followed by the Government in selling its stake in the company and address specifically the bidding process including who the bidders were, when the bidding took place, when the evaluation of submitted tenders was done, what criteria was used to pick the successful tenderer, what were the relevant legal instruments under which the process of leasing was conducted, whether there was public participation in the process, which other companies submitted their bids for the tender and when were they invited to bid; 4. explain the company’s revival plan and provide details of the entity deemed to be qualified to take over Mumias Sugar Company Limited while providing the justification;"
}