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{
    "id": 127300,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/127300/?format=api",
    "text_counter": 179,
    "type": "speech",
    "speaker_name": "Mr. Raila",
    "speaker_title": "The Prime Minister",
    "speaker": {
        "id": 195,
        "legal_name": "Raila Amolo Odinga",
        "slug": "raila-odinga"
    },
    "content": "However, there are situations where, for example, the law allows for flexibility in recruitment. That in my view is the position that prevailed with respect to the Kenya Postal Corporation, where His Excellency the President exercised his jurisdiction and appointed a Chief Executive Officer yesterday. Mr. Speaker, Sir, Ms. Karua wanted to know if the Inspectorate of State Corporations does its work, how come we incur losses in State corporations? A number of State corporations are commercial enterprises and are run on commercial basis. We know that even some private companies also incur losses in their trading. So, that is not something that is unusual in business, generally. However, the hon. Member was specific on the Triton case. This was a mere case of theft. You can call it theft-by-servant or whatever it is. There was an agreement between Triton and Tyson and his financiers for procurement of oil. The guarantee was that once this oil was procured and brought into the custody of the Kenya Pipeline Corporation (KPC), it would be released in smaller quantities to Triton upon payment in advance to the bankers and it was upon the bank to issue a certificate to KPC. That was the condition under which they were supposed to release the oil. What happened was that it was flouted by the officers of the KPC. There was collusion between those officers and the staff of Triton. In other words, the officers released the oil to Triton before the certificate came from the bankers that they had actually been paid in advance. That was how the loss was incurred. So, it was outright fraud and the law is taking its course."
}