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"id": 1276181,
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"type": "speech",
"speaker_name": "Sen. Montet Betty",
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"content": "Mr. Temporary Speaker, Sir, I rise, pursuant to Standing Order No.53(1), on behalf of Sen. Sifuna, to seek a Statement from the Standing Committee on Energy regarding plans by the Government to hand over the management of National Oil Corporation of Kenya (NOCK) to a private investor. In the Statement, the Committee should- (1) Clarify why a private investor has been identified to take over the management of NOCK, and if so, disclose their details. (2) Explain the mechanism used or to be used to identify and appoint the private investor, indicating the measures put in place to safeguard the process from corruption. (3) Inform the Senate of the entity that will determine the formula to be applied when sharing profits from NOCK between the State and the private investor. (4) Report on a full audit of NOCK’s assets and liabilities to assure the public of the true position of the corporation before the handing over. Thank you, Mr. Temporary Speaker, Sir."
}