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{
    "id": 170870,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/170870/?format=api",
    "text_counter": 782,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "So, Madam Temporary Deputy Speaker, we are really talking here about the most cost effective manner. It was reducing the cost of the transaction, using the method which the Committee agreed that it was legal at page 55 - through the private treaty - and in the most expeditious manner by looking with reference to Section 52 of the Central Bank Act, which this House has passed and has said that the Central Bank shall not hold any commercial interest in a hotel or in any other commercial undertaking. If they realize it by way of securing a debt, they must dispose of it at the earliest suitable opportunity. Now, it is this House that has directed the CBK that: \"You shall not hold interest in any commercial undertaking and if you pick it as part of realizing your debt, you must dispose of it at the earliest suitable opportunity.\" That is Section 52 of the Central Bank Act which has been passed by this House."
}