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"id": 245642,
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"speaker_name": "Mr. Okemo",
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"legal_name": "Chrysanthus Barnabas Okemo",
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"content": "Mr. Deputy Speaker, Sir, the Minister seems to be emphasising the question of the bank having a liquidity problem. However, I do not think that is really what the issue is. We have three issues here. The first one is the mismanagement of the bank and yet, everybody seems to believe that the bank was being run well. The second issue concerns tax evasion, and the third one is on money laundering. If you put all the three together, that is what made the CBK to put up a team. The team came from KACC, Kenya Revenue Authority (KRA) and CBK. If you look at the Report from the former Governor of CBK, it is very clear that, that joint team had come up with certain recommendations on the basis of the evidence they had found. So, I would like the Minister to clarify to the House that he will give undivided support to the Finance Committee. That is because we will go into the depth of this matter to make sure that we bring to this House the full facts behind the closure of that bank. Could he confirm to this House whether he will avail all bank inspection reports from the year 2003 and that, we will receive the report by the joint team? That will for the basis in our quest to get to the bottom of the matter."
}