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"id": 180514,
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"speaker_name": "Mr. Ethuro",
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"legal_name": "Ekwee David Ethuro",
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"content": "Mr. Deputy Speaker, Sir, while I appreciate the answer from the Assistant Minister and, indeed, we will be looking forward to the detailed report. If you look at part \"b\" of the Question, it says that there is lack of a formal mechanism to reclaim the funds. The Government is prone to setting up commissions or committees to sort out pending bills, but they have not done so. Now, they are setting up another committee to sort out this matter. That means that there is no system in place to ensure that the financial institutions secure the dependants in writting and that another body does supervision. The Assistant Minister is saying that, that was said in the Budget Speech, which was in June and now we are in November. In the meantime, could he issue an executive order to ensure that future engagements by these financial institutions have a formal mechanism through which they will be reporting to the Central Bank of Kenya (CBK), or to the Ministry, so as to monitor the process on a regular basis, for example after every three months?"
}