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"id": 262455,
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"type": "speech",
"speaker_name": "Mr. Kathuri",
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"speaker": {
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"legal_name": "Emilio Mureithi Kathuri",
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"content": "Mr. Speaker, Sir, while the Minister is denying the fact that there was oversubscription, it was quoted in the media--- As much as we cannot rely on media reports, the Chief Executive Officer (CEO) was quoted saying that there was oversubscription by 3.17 per cent. The Rights issue had raised Kshs9.8 billion and we had agreed in the Committee that they should organize with Treasury, so that we receive Kshs2 billion under REA. I wonder where this information came from because there appears to be a contradiction given what the Minister is telling us now. Could the Minister clarify where that contradiction is coming from?"
}