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{
    "id": 1119241,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1119241/?format=api",
    "text_counter": 318,
    "type": "speech",
    "speaker_name": "Sen. Kibiru",
    "speaker_title": "",
    "speaker": {
        "id": 13196,
        "legal_name": "Charles Reubenson Kibiru",
        "slug": "charles-reubenson-kibiru"
    },
    "content": "Madam Deputy Speaker, I meant the people who sat in front of us and I inferred to the CS, National Treasury. The buck stops at the National Treasury and the person who heads the National Treasury is the CS, National Treasury. So, the buck stops with him. The other concern as I mentioned relates to the contravention of Section 15(2)(c) of the PFM Act, 2012 which stipulates that: - “Borrowed funds shall only be used to finance development expenditure.” In the Financial Year 2020/2021 the National Treasury - the people I have mentioned here - utilized Kshs61.5 billion of Kshs70.1 billion from sovereign bond proceeds from payment of recurrent expenditure. That is contravention of the law. Somebody is culpable and our recommendation is that somebody must be held responsible. We were asking the Auditor-General who gave us that information, what he wanted us, as legislators to recommend. We are saying that we may want to recommend that people who contravene such laws should be held responsible and accountable. We ask ourselves whether they are capable of handling the offices that they hold because as you realize, we are in a very serious crisis. What are the recommendations? The Committee in order to control the increase of debt burden, the National Treasury--- We beseech Members as you debate you can improve on our recommendations. We are amenable. We said within six"
}