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"id": 1503327,
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"type": "speech",
"speaker_name": "Manyatta, UDA",
"speaker_title": "Hon. Gitonga Mukunji",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. I rise to contribute to this Bill. I reject and oppose the proposal of getting a third party to enjoy goods from the unclaimed financial assets. As per the records, we have over Ksh62 billion worth of assets in cash and shares in the unclaimed assets category. These are unclaimed assets. An unclaimed asset is one that has not gotten somebody to claim it. It is not very clear to me as to how a third party can be able to say that he was given mandate. And by whose authority can we claim that somebody has been given mandate to take these assets? With such an amount, interests will come in and unscrupulous people will try to lay hands on assets that are not their own and that they are not given a chance to claim."
}