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"id": 1076219,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1076219/?format=api",
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"type": "speech",
"speaker_name": "Emuhaya, ANC",
"speaker_title": "Hon. Omboko Milemba",
"speaker": {
"id": 13328,
"legal_name": "Jeremiah Omboko Milemba",
"slug": "jeremiah-omboko-milemba"
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"content": "Finally, let me speak on what has been called “pending bills” that have been created by the Government itself. The Government, through Supplementary Budgets, allocates money to tease certain areas with them, after which planning is done and tenders are awarded to people. However, after a little while, through Supplementary Budget, the money is removed and re-allocated elsewhere. The money is, again, used to tease another area. Procurement is done. Business people tender and before long another Budget is done. So, the same money is moved just to tease people in various areas. Procurement is done and businessmen put their money in areas where they will never get their proceeds after all. This must come to a stop. The Mover of the Motion seems to say that even the pending bills have increased to very high level. As I have always spoken about pending bills, they are illegal because it is an illegal way of borrowing money from the private sector without following the law. The legal way for the Government to borrow from the public is through Treasury Bonds and Treasury Bills. Therefore, the money that is borrowed does not earn any interest to the business people. Many companies have gone under. In my area, a businessman by the name Rodies went under because of pending bills. He left Nairobi imagining that if he goes back to the village he will make money but his business has since gone under. His millions of shillings are no longer there. He has given all the money he had to the Government hoping it would return. Nothing has ever happened."
}