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{
    "id": 1095790,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1095790/?format=api",
    "text_counter": 302,
    "type": "speech",
    "speaker_name": "Kitui Rural, CCU",
    "speaker_title": "Hon. David Mboni",
    "speaker": {
        "id": 13388,
        "legal_name": "David Mwalika Mboni",
        "slug": "david-mwalika-mboni-2"
    },
    "content": "These regulations are also supposed to check on money laundering. Ninety per cent of the money being lent is controlled by foreigners. Therefore, if they are not regulated, it is very easy for money to be laundered through them and cleaned in this country. It is also aimed at protecting the lenders. During the COVD-19 period, the CBK instructed the CRB to suspend the listing of loan defaulters. The lenders ended up losing a lot of money because people could not pay."
}