Entry Instance

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

{
    "id": 1299162,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1299162/?format=api",
    "text_counter": 369,
    "type": "speech",
    "speaker_name": "Kitui West, WDM",
    "speaker_title": "Hon. Edith Nyenze",
    "speaker": null,
    "content": " Thank you, Hon Temporary Speaker, for this opportunity to support this Motion by the Public Petitions Committee as amended by Hon. Samuel Atandi. I pray that this Motion will go a long way in assisting Kenyans who have been deprived of their hard-earned money. As Hon. Dawood said, there was a pyramid scheme report that was prepared by a task force which was chaired by the late Hon. Francis Nyenze. During that time, so many people lost their lives because they were retirees who had invested their money thinking that they were saving. They lost a lot of money. I do not know whether that report was implemented. I hope this Motion will be implemented. Let me note that some Cytonn High Yields Solutions Platform directors are former Britam Holdings officers who had questionable credibility. They were licensed by the CMA after having a case in court for over nine years. The CMA licenses and regulates operators in the money market. Since they are supposed to do so, we expect them to ensure compliance with the guidelines. We believe they are experienced enough to see pitfalls in these investments. We also expect them to do due diligence for those Kenyans who are interested in the investments, so that they can help them to save in the right vehicles. They licensed Cytonn High Yields Solutions Platform, even though there was a case of employees who had worked for Britam Holdings who had questionable credibility. They have something to answer to Kenyans on why they did that."
}