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{
    "id": 1278794,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1278794/?format=api",
    "text_counter": 195,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung'wah",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I guess Hon. Kaluma wanted to welcome students from his school in Homa Bay, the one from Igembe, and the other school from Tarbaj in Wajir County. I also take this opportunity to welcome them to the National Assembly. I rise to second this Bill. Let me begin by thanking the Chairpersons of the Departmental Committees on Justice and Legal Affairs (JLAC) and Finance and National Planning, who led the two committees in considering this Bill when it came to the House for consideration. Let me thank the Hon. Chairman for ably moving this Bill. I was seated in my office attending to other matters when you called me out to move, but I knew Hon. Murugara was in hand. We had agreed if I got late to the office, he would move for me, and I would then second for him. If I moved, he would second me. His Committee and that of Finance and National Planning looked at the Bill. As he has said, this Bill seeks to address legal gaps in the Anti-Money Laundering Act and Counter-Terrorism Financing Act. These are the two Acts of Parliament that we passed. One, the Proceeds of Crime and Anti-Money Laundering Act was passed in December 2009 and came into operation in June 2010, together with the Prevention of Terrorism Act enacted in October 2012. The two Acts are the architecture around the financing of terrorism and how we counter money laundering and proceeds of crime in this country. Hon. Temporary Speaker, Kenya is among the League of Nations member States of the Financial Action Taskforce. This global body is mandated to set international standards to promote the effective implementation of legal, regulatory, and operational measures to combat money laundering, terrorism financing, and financing against the proliferation of small arms and weapons of mass destruction. This Taskforce is responsible for ensuring that the global financial system is secure, and criminals do not use our financial systems to launder money that is proceeds of crime, that is going to finance the production or mass distribution of weapons of mass destruction, or even financing terrorism. It also speaks to people who launder corruption money. Much has been said about fighting corruption in our country and many other African States. We always say we cannot fight it by speaking without action. Part of the action is to ensure that States and governments can follow up on proceeds of crime like corruption right to where those who obtain money The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}