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{
    "id": 110807,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/110807/?format=api",
    "text_counter": 50,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Mr. Deputy Speaker, Sir, normally, contributions by Members towards SACCO s is treated as members’ contributions and not as share capital. This is because when members are leaving, this amount should be treated as credit. I want the Assistant Minister to clarify why these particular dues cannot be settled from current assets and why the SACCO has to sell its assets. I do not understand the reasons she is giving; that Teleposta Towers had to be sold or the buying group not including the SACCO loans in the deal, because the loans need to be paid by the members themselves. How is it that these SACCOs could not pay the members from their current assets?"
}