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{
    "id": 193340,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/193340/?format=api",
    "text_counter": 139,
    "type": "speech",
    "speaker_name": "Dr. Khalwale",
    "speaker_title": "",
    "speaker": {
        "id": 170,
        "legal_name": "Bonny Khalwale",
        "slug": "bonny-khalwale"
    },
    "content": "Mr. Speaker, Sir, I rise to seek a Ministerial Statement from the Ministry of Finance in respect of a contract that was awarded to De La Rue for the supply of new generation Kenya currency notes. That contract was signed on 4th May, 2006. The urgency of this matter is that De La Rue continues to supply old generation currency notes at a cost three times higher than what it quoted for in order to win the contract for the supply of those new generation currency notes in the first place. Mr. Speaker, Sir, I would like the Minister to come to this House and clarify why De La Rue has not supplied any new generation notes two years since the signing the contract. We would like him to explain and clarify whether it is true or not that technocrats at the Central Bank of Kenya (CBK) came out strongly to oppose an attempt to commit the Government into a lopsided arrangement, but the Minister still insisted and directed, in November, 2007, that De La Rue should continue supplying old generation notes despite the higher cost. What was the Minister's interest to warrant such a gross unilateral disregard of technical advice? What prompted the Minister to commit the Government of Kenya to a joint venture with De La Rue and not the other more credible firms from South Africa, Canada, France, Austria and Netherlands? The Minister should also clarify how much money has been lost by being in that expensive continued supply of old generation currency notes."
}