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"speaker_name": "Mr. Kenneth",
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"legal_name": "Peter Kenneth",
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"content": "Mr. Speaker, Sir, the KNAC 2000 is a parastatal and is not owned by anybody. It is owned by a guarantee by the Treasury, and it is where the life funds were transferred to. That is why I said that there are actuarial liabilities amounting to Kshs3.9 billion that were taken over to ensure that all life policy holders are paid when these assets are sold."
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