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{
    "id": 229961,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/229961/?format=api",
    "text_counter": 218,
    "type": "speech",
    "speaker_name": "Mr. Kajwang",
    "speaker_title": "",
    "speaker": {
        "id": 164,
        "legal_name": "Gerald Otieno Kajwang",
        "slug": "otieno-kajwang"
    },
    "content": "Mr. Temporary Deputy Chairman, Sir, we have seen situations where the Central Bank of Kenya (CBK), a Minister, Attorney-General or even the Chief Justice have been given power to stipulate certain guidelines, but they never implement them. So, we would never know when a non-performing loan becomes non-performing. Mr. Temporary Deputy Chairman, Sir, the amendment partly says:- \"A loan becomes non-performing in such a manner as may, from time to time, be stipulated in the guidelines prescribed by the Central Bank.\" Therefore, we expect that the CBK, immediately after this Act becomes operational, will give us those guidelines, so that we know which loans are performing and which ones are not."
}