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{
    "id": 1586069,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1586069/?format=api",
    "text_counter": 476,
    "type": "speech",
    "speaker_name": "Samburu West, KANU",
    "speaker_title": "Hon. Naisula Lesuuda",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Chairman. I do not understand the import of this amendment at all. The creditor will probably sell whatever needs to be sold and probably get more than what is owed. Maybe what was used as security for the loan will be sold at a higher price. Hence they will receive more money. The debtor is being asked to pay tax on the transaction. I do not understand how KRA intends to raise money from this. The creditors should continue to pay the tax so that when they dispose of the assets, they factor it in the process. The Chairman should provide an explanation for this. Otherwise, I will definitely oppose."
}