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"id": 270605,
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"type": "speech",
"speaker_name": "Dr. Khalwale",
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"speaker": {
"id": 170,
"legal_name": "Bonny Khalwale",
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"content": "So, the person on trial here should be the person who controls spending. The example of mass import of second hand mitumba cars and second hand mitumba clothes which we do not need has been raised in this House. The contribution by this poor fiscal policy should not be the reason why as an honourable House, we should be making judgment against the Governor of the CBK. Fiscal policy depends purely on us, on the side of the Government by way of Cabinet Ministers and Permanent Secretaries. I want to simplistically look at the Governor of the CBK as a manager of a bank the way hon. Farah Mohammed goes to Kenya Commercial Bank to transact on his account. I want to believe that when you walk into the manager’s office, the manager of your bank cannot dictate to you how much to draw or whether you should not draw at all. He usually leaves it at your own discretion. I want to believe that the Governor of the CBK is in charge of the CBK where banks have accounts and that unless in a case where fraud has been detected, he cannot direct a bank in respect of its account. I beg for only one minute."
}