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{
    "id": 1278796,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1278796/?format=api",
    "text_counter": 197,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung'wah",
    "speaker": null,
    "content": "terrorism financing preventative measures. As I said, with the threats of Al-Shabaab in Northern Kenya and other parts of the country like Lamu and Nairobi, if you do not have adequate legal safeguards to ensure that those who finance terrorism can be apprehended and charged… We have seen people being charged or accused of funding terrorism. Some have even maimed and killed Kenyans, but they walk out of court easily. With the passage of this Bill, all that will be a thing of the past. We will track money from piracy or organisations that finance terrorism. We will follow all that money and arrest and charge people who are involved in the financing of terrorism in this country or even elsewhere before courts of law. They make our country an unsafe place for terrorists and their financiers. During this peer review, it was also noted that the country does not have mechanisms for simplified mutual legal assistance or simplified extradition. Those are the issues Hon. Murugara spoke about. They include the issues challenged in court by the LSK and other bodies. As the Chair has ably stated, following an out-of-court settlement between the LSK and the Office of the Attorney-General (AG), that issue has been settled. This is why we have this law here now. Hon. Temporary Speaker, the other gap was around virtual assets and Virtual Assets Service Providers (VASPs) that are not limited. The country has not put in place regulatory frameworks around them. If all these VASPs are not covered under our laws yet we have an ongoing case today which I am happy the Member who has just walked in, Hon. Irene Mayaka, is among the Members who have been nominated by the ICT Committee together with the Chairperson to deal with these VASPs... I hear someone saying there is no committee by the name ICT. Whether you call it ICT or Committee on Innovation, Information and Technology (CIIT) or CII it is the Committee that the Chairperson is the Hon. KJ. I was saying that without the VASPs having a clear framework on how they will be dealt with, these are the cause of cases such as the Worldcoin. That is why I am saying we have a live case today where these VASPs are not prohibited. The country has not put in place a regulatory framework that will deal with all these VASPs."
}