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"speaker_name": "Mr. Keynan",
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"legal_name": "Adan Wehliye Keynan",
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"content": "On a point of order, Mr. Deputy Speaker, Sir. Kenyans are entitled to the truth, nothing but the truth. The Kshs600 billion is the cumulative figure for the whole of 2011. This is from the Central Bank and it is on pages 76, 77, 78 and 79 of the Report. I just want the Minister to say what was so phenomenal particularly with the KCB in the month of September. That month alone, the KCB borrowed from the discount window Kshs80 billion. Was the KCB under financial duress or financial restraint? Again, I want to quote Barclays, which is an international bank. If you do not understand what we are talking about, it is good to say that you do not understand but you should not mislead Kenyans when the truth is here. The Kshs600 billion is not a one night event. It is from January to December. A bank will have visited this every day. So, cumulatively from January to 31st December, the 12 big banks have borrowed. In fact, there are 43 banks, but this figure of Kshs600 billion is only for 12 banks."
}