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{
    "id": 149683,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/149683/?format=api",
    "text_counter": 402,
    "type": "speech",
    "speaker_name": "Mr. Samoei",
    "speaker_title": "June 3, 2009 PARLIAMENTARY DEBATES 994 The Minister for Agriculture",
    "speaker": {
        "id": 204,
        "legal_name": "William Samoei Ruto",
        "slug": "william-ruto"
    },
    "content": " Thank you, Mr. Temporary Deputy Speaker, Sir. On the issues that were raised by Mr. Yusuf Chanzu, about the huge overheads, we have brought on board transaction advisors to advise Government on what needs to be done to make this industry efficient: What loans need to be written off, what loans need to be turned into equity, how much shareholding should remain in the hands of Government, how much shareholding should go into the private sector, et cetera . All this will be done in consultation with the Government and the Privatisation Commission. In fact, we have asked the Privatisation Commission and the transaction advisors to come and brief Parliament on the steps that will be taken, so that we can eliminate any grey areas on this process. I also want to say that the reason as to why we have this huge debt was basically because of bad governance. Monies were sunk in by Government but, because of mismanagement---"
}