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{
    "id": 148671,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/148671/?format=api",
    "text_counter": 431,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Members, let me appraise the House on the details of the matter in question. The Statement was sought by the Member for Garsen on 14th May, 2009 and is related to exposure of members of the Kenyan public to risks by foreign companies that come to the country, advertise certain services, demand forward payment and then close and take- off with deposits, occasioning massive losses. The member wanted to know what protection is afforded to the public who fall prey under such circumstances. The Deputy Prime Minister and Minister for Finance was not in the House at the time and the Minister for Foreign Affairs undertook to communicate the information and also pledged to have the statement issued on Thursday, 21st May, 2009. Hon. Members, the matter was again raised on Thursday, 21st May, 2009, but the Minister was not in the House to provide the Statement. The Chair consequently directed that the statement be issued on Wednesday, 27th May, 2009. On that material day, the Assistant Minister for Finance, hon. Dr. Oburu was in the House and expressed his intention to deliver two statements, the first relating to the Capital Markets Authority and the second on financial regulations for foreign investors. However, too much time was spent on the first Statement, leaving no time for the second."
}