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{
    "id": 270593,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/270593/?format=api",
    "text_counter": 480,
    "type": "speech",
    "speaker_name": "Dr. Khalwale",
    "speaker_title": "",
    "speaker": {
        "id": 170,
        "legal_name": "Bonny Khalwale",
        "slug": "bonny-khalwale"
    },
    "content": "So, should we fight Members of Parliament from both sides of the House to the extent that we kill this good Report because we are aiming at an individual? I beg that maybe that should not be the business of this House. In this Report I see no evidence that the Governor withheld money; US Dollars, from the market. If the Professor had withheld foreign exchange from the market, then you would have said that he has a charge to answer. That would have been backed by evidence. Number two, there is no evidence in this Report which shows what our National Reserve in Dollars was; whether it was enough to meet Kenya’s obligations internationally. As the Chairman of the Public Accounts Committee, I know that we are still meeting our obligations in terms of KenRen, Anglo Leasing and very many other things. So, if there is no evidence showing that the Professor had enough funds to meet those obligations internationally, should we blame him or we blame the fiscal policy? I beg my brothers and sisters, the hon. Members in this House that the Governor, in my view, in this Report does not seem to have control over Government spending. Let me give you two examples. The first one, we were given an example by the hon. Minister for Finance on what happened in Rwanda. In Rwanda the shilling remained stable and he gave the reasons for the controlled exchange rates. There is another reason which I would like to refer to."
}