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{
    "id": 141923,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/141923/?format=api",
    "text_counter": 475,
    "type": "speech",
    "speaker_name": "Mr. Chanzu",
    "speaker_title": "",
    "speaker": {
        "id": 11,
        "legal_name": "Yusuf Kifuma Chanzu",
        "slug": "yusuf-chanzu"
    },
    "content": "Thank you, Mr. Temporary Deputy Speaker, Sir. I stand to second the Public Investments Committee Report on the accounts of State corporations which was prepared this year. As you have heard from the Chairman, the Committee had 76 sittings and extensively examined 104 Reports of the Controller and Auditor-General on 25 State corporations. There are quite a number of issues which were observed and in all these, the Committee recommended that hon. Members and interested parties should go through the Report and see the details. The Report is fairly bulky. In trying to underline some of the issues which have been raised, I will take an example of the Agro-Chemical and Food Company Limited. There were many recommendations which were made with regard to the privatization of this company. It had been recommended and we reiterated that – I think we will be assisted by the Committee on Implementation that we recently created under the Standing Orders – there is need for privatization of this company by the Treasury. It is not proper to continue spending public funds on companies which can run on their own when individuals can buy shares from the company. There was also an issue regarding gasoline blending equipment in the same institution. It has also been recommended that the PS for Agriculture, the PS for Energy and the Mehta Group of companies that were involved in the losses that were incurred in this project must be held responsible. We are saying that some projects have been undertaken without proper planning or proper feasibility studies. That is why we end up spending and losing a lot of money. The other thing that came up was about the purchase of land from Muhoroni Sugar Company. The legal requirements were not complied with. As a result, the funds which were committed in this went to a loss. It was recommended that the Director of the Kenya Anti-Corruption Commission investigates and if possible, prosecutes the company lawyers who were handling the matter. I think they were negligent in conducting the assignment they were given by the company."
}