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{
    "id": 1187169,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1187169/?format=api",
    "text_counter": 158,
    "type": "speech",
    "speaker_name": "Alego-Usonga, ODM",
    "speaker_title": "Hon. Samuel Atandi",
    "speaker": null,
    "content": " Hon. Speaker, I rise to ask the Cabinet Secretary for the National Treasury and Economic Planning the following Question by Private Notice: (i) Could the Cabinet Secretary make available the valuation report with regard to the acquisition of Spire Bank Ltd, indicating the individual or company that conducted it, if any, and state the amount that was paid at the point of being acquired by the Mwalimu National Sacco? (ii) Could the Cabinet Secretary state when approval was granted for the Assets and Liabilities Purchase Agreement between Spire Bank and Equity Bank? (iii) Could the Cabinet Secretary further explain the status of the Bank’s Board membership, and state whether it was legally constituted to conduct business considering that the managing director and other three members had earlier resigned? (iv) Could the Cabinet Secretary clarify whether the Central Bank of Kenya carried out mitigation measures through funding of Mwalimu SACCO to meet the liquidation costs, and if yes, at what cost and why the preference instead of funding the Spire Bank? Thank you."
}