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{
    "id": 260341,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/260341/?format=api",
    "text_counter": 358,
    "type": "speech",
    "speaker_name": "Mr. Midiwo",
    "speaker_title": "",
    "speaker": {
        "id": 184,
        "legal_name": "Washington Jakoyo Midiwo",
        "slug": "jakoyo-midiwo"
    },
    "content": "Mr. Deputy Speaker, Sir, we must put our foot down as a Parliament, and put Kenyans first. The reason why this Government has refused to bring the Finance Bill before this House is for the reasons espoused by hon. Karua, simply because we are seeking to regulate the banks and stop them from fleecing our people. As we sit here today, some of our borrowers are paying, three or four times. The interest rates have gone up from 12 per cent to as much as 33 per cent in the market. I want to say that we all need a break. But I think we need a break, only after doing our job. One of the cardinal roles of the Government is to protect its people. That the Government can behave as if it is a private commercial bank beats logic. We must force the Government to talk to Parliament for the good of Kenyans. All we are saying is that the power to bring or withdraw the Finance Bill is entrusted on the Executive by Kenyans. It cannot be a tool that the Minister can use to hurt Kenyans. It is a tool that we have, which forces the legislature and Executive to negotiate. It cannot be and has never been a reason for the Executive to help the rich to fleece the poor."
}