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{
"id": 1503318,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1503318/?format=api",
"text_counter": 558,
"type": "speech",
"speaker_name": "Kikuyu, UDA",
"speaker_title": "Hon. Kimani Ichung’wah",
"speaker": null,
"content": "on national television telling people that they can now claim their unclaimed financial assets. If you look at those media adverts, that is all there is. There is never a deliberate effort to get claimants to claim their unclaimed financial assets. This Bill is opening this up and allowing claimants to designate a third person to pursue the claim on their behalf, such as lawyers, accountants, or the children of elderly parents who are claimants to UFAA. They can now designate their children in cities or urban areas who can pursue these claims. And basically, that is what this Bill is doing. Whether you look at Sections 28 or 45, it is just inserting the words ‘or such other person as a claimant may designate.’ There is no opportunity for anybody to come from the blues and claim an unclaimed financial asset that does not belong to them or they have no claim to, because the Act is being amended to say, ‘as a claimant may designate.’ If I am the claimant to my late brother's unclaimed financial assets and I am not in a position to pursue that claim, I can designate my good friend Dr Oundo or my daughter Mumbi to follow it on my behalf. Therefore, this being a very small Bill, I urge us to support it. I beg to move and request Hon. Timothy to second."
}