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"id": 195660,
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"type": "speech",
"speaker_name": "Mr. Imanyara",
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"legal_name": "Gitobu Imanyara",
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"content": "Mr. Speaker, Sir, you have heard the Minister say that the hotel was charged 15 years ago for Kshs2.5 billion. Again, it is in the public domain from the Minister himself who chose to carry the debate outside this Chamber that he has set a reserve price of Kshs2.5 billion and that many people had expressed interest to purchase this property. If many people had expressed interest to purchase the Grand Regency Hotel, where did they get the information? Why did the Minister not make it public through, for example, an invitation of expressions of interest in the media for Kenyans to show interest? What became of the original discussions that the Minister for Trade had? I would also have expected the Minister to tell us what transpired when His Excellency the President met the President of Libya in Kampala where the Libyans are purported to have purchased this property? It is one thing to say that the property has not been sold, but it is another thing to tell us that it has not been sold when it is in the public domain that they are intending to sell to non-Kenyans. The issue that Kenyans are concerned about is why they are not being allowed to purchase this hotel in the same way that Safaricom is offering public shares in the market and why it is shrouded in secrecy and why the sale must take place within 30 days if the Minister has nothing to hide. Mr. Speaker, Sir, would the Minister admit that what he is engaged in is a choreographed camouflage of the fact that this hotel has been sold to a conglomerate of nationals outside Kenya in conjunction with a local group of companies in which the Minister himself has an interest having led the discussions on behalf of the Treasury from June, 2006?"
}