Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1278853,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1278853/?format=api",
    "text_counter": 254,
    "type": "speech",
    "speaker_name": "Butula, ODM",
    "speaker_title": "Hon. Maero Oyula",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker, for giving me an opportunity to add my voice to this Bill. I want to start by supporting it because it attempts to cover gaps related to money laundering and combating of terrorism financing. There were gaps in the laws that were presented to the Committee. As such, control of money laundering in this country has been weak. If we pass this Bill, we will cover a lot in money laundering. People bring illicit funds into this country. The Bill does not touch on the flow of illicit funds. They can be tracked to various constructions that we see in this town. However, I believe with these amendments coming into place, the authorities concerned will follow up some of the illicit funds. We may have very good laws as we are trying to amend them. The biggest problem we have is the investigative arm of the Government. Some groups can investigate thoroughly and make sure that all the illicit and laundered money is brought to book and accounted for. Kenya was behind other African countries as far as control of money laundering is concerned. A lot has been seen in Kenya. That is why I am saying that the investigative arm may be weak in control, even if we have the law. It is important to look at the investigative arm of the Government and see how it can be strengthened to ensure that money laundering and illicit cash-flows are eradicated from this country. It may take time. However, it is a disease that must be cleared. As I have mentioned, the problem is the investigative arm. Hon. Temporary Speaker, the ability to trace some of the monies has not been possible because of the law. The authorities concerned should trace some of the monies among the member countries in Africa and beyond. The extradition of the offenders is another area that 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."
}