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{
    "id": 1336031,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1336031/?format=api",
    "text_counter": 188,
    "type": "speech",
    "speaker_name": "Homa Bay Town, ODM",
    "speaker_title": "Hon. Peter Kaluma",
    "speaker": null,
    "content": " Let me say something briefly. Hon. Temporary Chairlady, Clause 5, as currently drafted, establishes the seat of the headquarters in Nairobi and gives the board the freedom to determine where the branches can be in Kenya. If the amendment by the committee is carried, it will be saying that the headquarters shall be in Nairobi or any other place they may determine. But it will no longer speak to the opening of branches anywhere in Kenya. That is why even the proposal for further amendment by Hon. Otiende Amollo may not help much. This is because it will be saying the board will determine by resolution. A board as a corporate body, no doubt, will determine by resolution. Let us reject this Committee’s amendment and leave what is in the Bill, that the headquarters should be in Nairobi, but the board retains the mandate and power to determine wherever branches are in Kenya. Thank you."
}