Entry Instance

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

{
    "id": 138458,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/138458/?format=api",
    "text_counter": 188,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The task force commenced its work on 9th February. Public hearings were held around the country. Many people presented themselves. Later on, some of the directors and managers were called in to verify the accusations that had been made against them. We also made a register of a one month period through our district co-operative offices countrywide of those people who were brave enough and willing to register with us. The Task Force completed its work, presented the Report to me on 24th June, 2009 and I made it public. Mr. Temporary Deputy Speaker, Sir, several recommendations have been made in this Report and I have a report with all the annexes that I am about to table. Among the recommendations, after discussing the problems and identifying people and so on and so forth, include the need for a standing committee to follow up on the issues raised and their implementations. We feel it is necessary to implement these things. Secondly, there should be a trust fund that should receive the funds and assets that have been identified and which will be identified in future. We feel it is such an important thing that even a Judicial Commission, similar to Goldenberg Commission of Inquiry, needs to be appointed. Further investigations and restitution based on this Report will be necessary. We need to make public the status of frozen accounts because my team was not able to get all the details from banks for obvious reasons. A new anti-pyramid scheme law has been proposed by the Task Force. Further, the Task Force recommends an amnesty for those who return the funds. It is felt that some of them were scared after the killings and the probe that arose. They panicked, closed shop and took off. Some had indicated that they would be willing to return the money if amnesty is provided. Mr. Temporary Deputy Speaker, Sir, the Task Force has recommended criminal prosecution; that we make our SACCO Act operational, increase public awareness amongst other things. The Central Bank of Kenya (CBK), the Attorney-General, the police, the Anti- Corruption authorities and Parliament have also been given certain responsibilities to follow up on in order to bring this matter to a final conclusion. It is my hope that Kenyans will, never again, fall into such traps that led them to lose so much money. I wish to thank the Speaker for allowing me to table the Report despite the Court Order which has now been extended further to September, 17th 2009, to stop us from taking any action against the Kenya Business Community Savings and Credit Cooperative Society Limited. I kindly seek the indulgence of hon. Members of this House to support the Government as it implements the recommendations of the Task Force Report. Mr. Temporary Deputy Speaker, Sir, I now have the honour to table the Task Force Report on Pyramid Schemes."
}