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{
    "id": 269704,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/269704/?format=api",
    "text_counter": 515,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Mr. Deputy Speaker, Sir, those are professionals’ observations. So, in a nutshell, it is not a creation of this Parliamentary Committee. This Committee listened to submissions from professionals. It listened to submissions from even the CBK. The CBK itself has acknowledged that some banks were involved in some activities which were not acceptable. The CBK allowed all this to happen. We are paying Prof. Njuguna Ndung’u not to do politics. We are not paying him to enjoy himself in the office. We pay him, as the people of Kenya, to make sure that the money market is stable, and that the macro- economic environment is stable. We pay him because we know these eventualities about the Euros. We pay him because we know that there will be problems in the Middle East and in Asia, and so that when this happens, he can help us to contain the situation. Mr. Deputy Speaker, Sir, we do not pay him to enjoy himself and claim that he cannot do anything. If he is not able to do all these things, the only thing that this House can tell Prof. Njuguna Ndung’u is to go home. He should go home and let us hire somebody who is competent enough, and who has the willpower – somebody who knows that, that is where he can make good money. I hear that he says he can make good money elsewhere. Why can we not help him? Why can we not relieve him of his duties? Some people need to be helped to make the right decisions. So, this House should help Prof. Ndung’u to make the right decision by quitting his job at the CBK and going to do what he can do best. With those remarks, I beg to support."
}