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"speaker_name": "Dr. Khalwale",
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"content": "Mr. Speaker, Sir, before I ask my last question, allow me to table this letter, so that the Chair can study it and advise my Committee. This is the letter in which we were being told amongst other things and I quote:- “As may be noted under Section 54 of the Central Bank of Kenya Act, Cap.491, the auditors of Central Bank of Kenya are appointed by the bank and approved by the Minister. Section 56 of the Act further provides that the Minister may, in addition to the audit carried out under Section 54, if he thinks fit require the Controller and Auditor- General to audit accounts of the bank. For that reason, in spite of the provisions of the Constitution the National Assembly has no authority.” So, I would like the Chair to look at it and advise my Committee how we should proceed because we insist that we must know what happened to the US$25 million that was paid as deposit which upon cancellation by Mr. Kimunya, nobody knows where the money went. Did they refund the money? If they refunded it, did they give it to Mr. Kimunya? If they did not give to Mr. Kimunya, did they give Prof. Ndung’u? If they did not give it to Prof. Ndung’u, did they take it to the Consolidated Bank?"
}