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"id": 1091631,
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"speaker_name": "Sen. Cherargei",
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"legal_name": "Cherarkey K Samson",
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"content": "Thank you for that information. I have seen that Co-operative Bank of Kenya has been co-operative but I was just making an observation that in case in future, some of the commercial banks in this country participate in aiding and abetting these financial crimes, then they must be held accountable. Madam Temporary Speaker, I think the DCI should move with speed and ensure that if anybody was culpable in some of these malpractices--- We know that MUSCO, for those of us who studied in Moi University, three quarters of the members who work and support through MUSCO have benefited through MUSCO. You can imagine if we had SASRA and agencies that protect Saccos in this country, it would be very good. We saw a committee last week which failed to do their work, but I am happy that this Committee has made far reaching recommendations that the DCI should follow this up. Finally, we should request a special audit on both the assets that MUSCO has incurred liabilities so that we can go into the future with it. My proposal would be that a special audit be done by the Auditor-General so that we know how many assets and liabilities MUSCO has just the way the COVID-19 Committee chaired by Sen. Sakaja did recommend a special audit in terms of COVID-19 funds. We should also request the Auditor-General to do a special audit so that we can know the “health status” of this MUSCO."
}