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{
    "id": 1283538,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1283538/?format=api",
    "text_counter": 253,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": " Hon. Deputy Speaker, I thank the Members who have contributed immensely to this Motion. As the Departmental Committee that oversees the CBK, we have keenly listened to the remarks that Members have made, especially on interest rates and making sure that banks have competitive rates. We have also taken an interest in what Members have said about safeguarding members’ deposits. Some clients’ deposits have mysteriously disappeared from their bank accounts in some banks. Interestingly, the nominee told us that his late father was a victim of fraudulent bank transactions where money was withdrawn from his bank account. Therefore, as the Departmental Committee that oversees the CBK, we will put the Chairperson and the Bank to task to ensure that they deliver their mandate as per the Central Bank of Kenya Act."
}