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"id": 1097678,
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"type": "speech",
"speaker_name": "Kikuyu, JP",
"speaker_title": "Hon. Kimani Ichung'wah",
"speaker": {
"id": 1835,
"legal_name": "Anthony Kimani Ichung'Wah",
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"content": "Hon. Gladys Wanga, being the Chair of that Committee, may be very averse to fishing expeditions. However, on finance matters, it is possible for Equity Bank, Uganda, to organise syndicated loans to an individual or an organisation in Uganda to the tune of Ushs15 billion but it may not be possible, even with the capitalisation of Equity Bank, Uganda, to lend money as an institution. When the Chairman uses the media, in that particular sitting, to ask how Equity Bank is lending Ksh15 billion to Ugandans and not Kenyans... People need to get the information that, indeed, even in Kenya, probably, Equity Bank or even KCB may not give you a loan of Kshs 15 billion singularly; they do it just like insurance companies do, that is, reinsure collectively through syndicate loans. Therefore, we must not useā¦"
}