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{
    "id": 1547975,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1547975/?format=api",
    "text_counter": 147,
    "type": "speech",
    "speaker_name": "Hon. Wycliffe Oparanya",
    "speaker_title": "The Cabinet Secretary of Co-operatives and MSMEs Development",
    "speaker": null,
    "content": " Thank you, Mr. Speaker, Sir. I thank the Members for raising these pertinent issues. Hon. (Prof.) Kamar talked of staff and shares of the farmers. I would like to say that most of the staff of KCC that were suitable for employment were taken over by New KCC. Obviously, this has taken time. Many of them have actually retired. On the shares of the farmers of KCC, when the New KCC, through the Government put the shares of KCC, the Government paid off approximately Kshs500 million. This money was meant to compensate the 2,000 shareholders of KCC, which was a private company. I have clearly stated how the companies moved from one stage to the other. Mr. Speaker, Sir, I have heard complaints from previous shareholders of the KCC even before it was bought by New KCC 2000, complaining about their shares."
}