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"id": 244153,
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"type": "speech",
"speaker_name": "Dr. Kituyi",
"speaker_title": "The Minister for Trade and Industry",
"speaker": {
"id": 293,
"legal_name": "Mukhisa Kituyi",
"slug": "mukhisa-kituyi"
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"content": " Mr. Deputy Speaker, Sir, while hon. Raila was out of this country, I dealt with that issue. The issue was that, the Government would not July 6, 2006 PARLIAMENTARY DEBATES 1903 get money from the Consolidated Fund to invest as an investment. However, on the basis of a well- deeply-felt attitude in this country that Uchumi going under is a pain to a national brand, the Government was willing to take out of the Civil Contingency Fund, money to loan. The account being operated under the auspices of the receiver manager is receiving this, not as an equity, but as a loan from the Government on the basis of a rescue plan that was agreed by all shareholders that once the company turns around, the Government will get back its money. We are not investing in shares."
}