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{
    "id": 247391,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/247391/?format=api",
    "text_counter": 249,
    "type": "speech",
    "speaker_name": "Dr. Kituyi",
    "speaker_title": "The Minister for Trade and Industry",
    "speaker": {
        "id": 293,
        "legal_name": "Mukhisa Kituyi",
        "slug": "mukhisa-kituyi"
    },
    "content": " Mr. Speaker, Sir, I totally concur with Prof. Anyang'-Nyong'o that the development of capital markets requires that certain predictable decency is seen in the Capital Markets Authority and the Nairobi Stock Exchange in registered brokerage firms. Indeed, part of their initiative is coming from beyond ourselves. The Institute of Certified Public Accountants of Kenya is trying to find out on what basis PricewatehouseCoopers, as the issues adviser, recommended to the Kenyan investors about the nature of the share issue when it came out in October last year. This is a correct step to be taken. I hope that different agencies of Government, not just those under my Ministry, will also play their due role in looking at the diligence and conduct of public institutions which are supposed to be custodians of public interest. Similarly, I expect that the role, if any, of the directors or some of the directors in this debacle, will be investigated."
}