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{
    "id": 1299093,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1299093/?format=api",
    "text_counter": 300,
    "type": "speech",
    "speaker_name": "Makueni, WDM",
    "speaker_title": "Hon. Suzanne Kiamba",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker, for the opportunity to contribute to this very important Motion. I must admit that I am also a Member of this Committee. The case of Cytonn that we are talking about is real robbery without violence. We have cases where Kenyans have lost millions of their retirement savings to very few intelligent people all from legal companies like what Cytonn has done. Their main purpose is robbing Kenyans. Even when we thought that the CMA would regulate and ensure that this kind of theft would not happen, we were very shocked in this Committee to find that companies that just want to steal from Kenyans make a choice not to register with the CMA and nobody has any say to follow them. In the name of trying to control what happens in the economic scene, we realised Cytonn only registered one company legally yet they have another five or so unregistered forms of companies. I do not know whether to call them companies or shades of companies. They are used to steal from Kenyans."
}