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{
    "id": 17170,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/17170/?format=api",
    "text_counter": 306,
    "type": "speech",
    "speaker_name": "Dr. Khalwale",
    "speaker_title": "",
    "speaker": {
        "id": 170,
        "legal_name": "Bonny Khalwale",
        "slug": "bonny-khalwale"
    },
    "content": "Thank you, Mr. Speaker, Sir. On the issue of hoarding of forex by commercial banks, we would like the Minister to clarify whether the Government has been preferentially giving funds to Equity Bank and preferentially allowing the bank to enjoy contracts to the extent that Equity Bank has certainly had slush funds which it used to buy forex and, in the process, triggered panic buying by other rival banks. Finally, the fulcrum in the money market is the Central Bank of Kenya, the regulator. Stakeholders are telling us, as political leaders in this country, that the good Prof. Ndungu has got a poor working relationship with the banking sector and the Treasury. Could the Minister tell us whether the two Principals are considering firing Prof. Ndungu, especially in view of the fact that the Cockar Commission, when it was investigating the irregular sale of the Grand Regency Hotel, recommended that Prof. Ndungu was not fit to hold public office?"
}