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{
    "id": 1285172,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1285172/?format=api",
    "text_counter": 521,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr) Ojiambo Oundo",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Chairlady. I want to take the Chairperson back and hope he is listening carefully. I agree it is in order to delete Clause 44, but we are not curing the problem intended to be cured. Let us look at the wording of the amendment. It reads: \"Any proceeds from the sale of a public entity's shareholding shall be deposited in a special interest-bearing account established for that public entity in order to protect the erosion of the balance sheet of the public entity.\" The Government has divested from the company and has no fiducial responsibility. So, why are we putting money in an interest-bearing account to protect the erosion of the balance sheet of the public entity? Unless we are saying whatever shares they will be left with, if it is partial divesture, they are only responsible for their share of the debt in the balance sheet. What 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."
}