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{
    "id": 214405,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/214405/?format=api",
    "text_counter": 255,
    "type": "speech",
    "speaker_name": "Mr. Marende",
    "speaker_title": "",
    "speaker": {
        "id": 289,
        "legal_name": "Kenneth Otiato Marende",
        "slug": "kenneth-marende"
    },
    "content": "Thank you, Mr. Temporary Deputy, Speaker. Could the Assistant Minister, in his clarification, rationalize to this House why Equity Bank is being treated by the Government as a favoured bank? Particularly, two years ago, the Government, through single-sourcing, under mysterious circumstances, allowed the acquisition of retail banking of the Industrial Development Bank (IDB), which is a public institution, to go to Equity Bank. There is also a directive that all farmers who produce and market their cereals through the National Cereals and Produce Board (NCPB) must get their payment through the Equity Bank. Equity Bank takes out of that payment 3 per cent. Could the Assistant Minister rationalize that apparent favouritism?"
}