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"id": 1096063,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1096063/?format=api",
"text_counter": 222,
"type": "speech",
"speaker_name": "North Imenti, JP",
"speaker_title": "Hon. Rahim Dawood",
"speaker": {
"id": 2572,
"legal_name": "Abdul Rahim Dawood",
"slug": "abdul-rahim-dawood"
},
"content": "I have even proposed in this amendment that if somebody has two or three accounts, they should not be consolidated. Each account should stand on its own. That is the trust accounts. The Kenya Deposits Insurance Corporation (KDIC) gives money to individual accounts and not consolidated ones. I am requesting my colleagues that we should pass this Bill into law. Today if you were to ask any small trader, be it in Gikomba, Meru in Gakoromone or the Small and Medium-Term Enterprises (SMEs), they will not have less than Kshs500,000 in an account. This is because probably they have sold all their wares and have the money waiting to be invested."
}