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{
    "id": 1105171,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1105171/?format=api",
    "text_counter": 349,
    "type": "speech",
    "speaker_name": "Mavoko, WDM-K",
    "speaker_title": "Hon. Patrick Makau",
    "speaker": {
        "id": 2328,
        "legal_name": "Patrick Makau King'ola",
        "slug": "patrick-makau-kingola"
    },
    "content": " Thank you, Hon. Deputy Speaker. I have considered this amendment although, of late, the Departmental Committee on Finance and National Planning has been in the spotlight for bringing amendments that are not friendly to Kenyans. Trusts in the past have done well. Some have been misused. Some trustees have not been transparent or honest with beneficiaries. I agree with Hon. Passaris that it is true some beneficiaries are left out or struck off the beneficiary lists. This amendment allows a person to establish a trust while he or she is alive. That is one of the best amendments I have ever seen from this Committee. Anybody in this House is a potential appointer of a trust. It is important we pass this amendment so that living people can appoint trustees, see how they run the affairs and how they invest the wealth so that, as he exits, he knows the credibility of the trustees. I come from Mavoko where there are so many self-help groups applying for land from the Government. The Government has requested that all those several groups should come together and form a trust. Why? Because the Government seems to trust trusts more than self-help groups. Going forward, this should be encouraged. You and I should appoint trustees or establish trusts whose performance we can monitor so that we do not have issues like those of the Njenga Karume family that has been mentioned here several times. I encourage the passage of this law as it is going to help the generations to come. I thank you. I support the amendment."
}