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{
    "id": 1554043,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1554043/?format=api",
    "text_counter": 621,
    "type": "speech",
    "speaker_name": "West Mugirango, JP",
    "speaker_title": "Hon. Stephen Mogaka",
    "speaker": null,
    "content": " Thank you for giving me the opportunity to also contribute to this amendment Bill. From the onset, I support it. As a member of the Departmental Committee on Justice and Legal Affairs, I had the benefit of listening to very many stakeholders who brought various views that convinced me that this Bill is worth supporting. First, there is a notion that this is a foreign-driven Bill or amendment. Nothing can be further from the truth. This country is a member of the global financial system. Civilised global financial systems have rules of play. The regulations that apply in those financial systems are the ones Kenya has not satisfied with the consequence that we are in the grey list. We as patriots have a duty to redeem our country from that kind of listing and put it at par with our peers in the international financial market. The Bill seeks to create a level playing ground in financial systems so that every citizen is supposed to be equal before the law under Article 27. The manner in which banks are treated under the laws of this country must be the same as co-operative societies and other actors in the financial system."
}