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"id": 229915,
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"type": "speech",
"speaker_name": "Mr. Angwenyi",
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"legal_name": "Jimmy Nuru Ondieki Angwenyi",
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"content": "Mr. Temporary Deputy Chairman, Sir, the In Duplum rule applies to those 4274 PARLIAMENTARY DEBATES December 7, 2006 people who are unable to pay their loans. However, if I am able to pay and the bank or financial institution arbitrarily increases the interest rates or charges without the approval of the Minister, who will control them? A person accountable to the people of Kenya, a Minister in this case, should have power to control these outrageous increases in interest rates and bank charges. That is the mischief we want to address in this clause."
}