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"id": 1346243,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1346243/?format=api",
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"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": "On 8th November 2023, Hon. David Kiplagat, who is the Member of Parliament for Soy, requested for a Statement from the Chairperson of the Departmental Committee on Finance and National Planning regarding the impending sale of land belonging to Uchumi Langata Hyper, LR No.209/12593, under Insolvency Petition (IP) No.25 of 2018. In particular, the Member wanted the Chairperson to: 1. Explain the circumstances under which the Ministry in charge of the National Treasury and Economic Planning have been reluctant to be enjoined in Uchumi's defence against the impending sale of its Langata property LR No.209/12593 under Insolvency Petition (IP) No. 25 of 2018 yet the Ministry is the custodian of the Government's stake in Uchumi, its assets, and property. 2. Explain the plans the Government has in place in order to rescue Uchumi Langata property from being auctioned at a loss in order to safeguard public interest for posterity as well as protection of other valuable and unsecured creditors from imminent loss."
}