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{
    "id": 1567588,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1567588/?format=api",
    "text_counter": 70,
    "type": "speech",
    "speaker_name": "Sen. Oketch Gicheru",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Speaker, Sir, thank you for the opportunity, as well as for the reinstatement of this statement. I rise pursuant to Standing Order No.53(1) to seek a statement from the Standing Committee on Finance and Budget on a matter of national concern regarding fraudulent activities targeting retirees' lump-sum pension payouts. We are witnessing a disturbing trend where fraudsters are increasingly targeting retirees and defrauding them their pension benefits. Concerns are growing on how these criminals are able to access sensitive personal banking details, which enable them to monitor bank transactions and execute the fraud promptly after lump-sum pension payouts are deposited in the beneficiaries' bank accounts. Among the affected institutions is Absa Bank Kenya PLC, where, for instance, Mrs. Violet Akoth Nyatol, a retired teacher, recently fell victim to such fraud and lost her entire lump-sum pension payouts of Kshs2,498,029, which had been deposited into an Absa Bank Kenya PLC account. In the statement, therefore, the Committee should address the following-"
}