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{
"id": 277212,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/277212/?format=api",
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"type": "speech",
"speaker_name": "Mr. Mwau",
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"speaker": {
"id": 105,
"legal_name": "John Harun Mwau",
"slug": "harun-mwau"
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"content": "If you look at the banks that we are saying are the top banks now, most of them only became banks in 2005. They were not banks before. Equity was not a bank in 2005. Family Bank was not. If you read the history of Equity, they started with Kshs5,000. Now they are the top bank. If they were blocked at that time, they would not be what they are today. If you read the history of Family Bank, the owner says he started it with Kshs100,000. So, now you are saying, those people who have Kshs100,000 cannot start a bank. What I do not want us to do, I do not want to condemn our great grand children never to be bankers because I do not know when my great grand children or your great grand children will be able to amass certain amount of money - a billion shilling - to open a bank. You heard the former Minister for Finance saying that there are 45 banks that have complied. Now, we want to block and say that, now that is it."
}