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{
    "id": 122492,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/122492/?format=api",
    "text_counter": 338,
    "type": "speech",
    "speaker_name": "Mr. Muthama",
    "speaker_title": "",
    "speaker": {
        "id": 96,
        "legal_name": "Johnson Nduya Muthama",
        "slug": "johnson-muthama"
    },
    "content": "I am saying that because jobs will be created. If we are talking about Kenyanization, at the end of the day, you will find people from all corners of this country working there. By employing young men from different parts of this country; the girls that hon. Wamalwa has said have turned to prostitution will not be able to do that because they will find husbands to marry them. At the same time, the same institution will pay taxes which will be remitted to the Central Government. The same money will be used to develop this country because we only generate the resources for the country through taxation. Mr. Temporary Deputy Speaker, Sir, the problem here which must be dealt with squarely is that this is a private set up or a private company where the Government owns minority shares. There is money that has been set aside to be invested there. These are the problems we have been having at the Public Investments Committee when we look at all the accounts of State parastatals. The Government has set aside over Kshs500 million to revive this industry. If you look at the memorandum of articles of setting up that business that has been drawn, you may find that it does not give the Government the power of voting in the Board of Directors. So, once the money is there, it is going to be managed and the decisions will be taken by the majority shareholders, who are actually private sector players. So, it will be a repeat of the same mistakes that when there is no money, we will push the Minister and ask him to revive Pan African Paper Mills. If we push the Minister, he will react just by releasing the money, but the managers of the money are people from the private sector. So, there will be no proper management. So, if the Government has decided to invest there, it is either the Government takes the majority of the shares so that once the money is put there, the people who will be now placed in leadership positions in that factory will be answerable to the Government. But by giving the money that will be managed by people who are now waiting for money to come from the Government, they will not stop misappropriating the funds. Otherwise, Mr. Temporary Deputy Speaker, Sir, it is a very great idea. I am happy with the undertaking the Minister has given. He should make sure that this issue is implemented so that they do not turn out to be people who just give commitments and we do not fulfill them. With those few remarks, Mr. Temporary Deputy Speaker, Sir, I beg to support."
}