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{
    "id": 283599,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/283599/?format=api",
    "text_counter": 144,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
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    "content": "Yes, Mr. Deputy Speaker, Sir. I will do that. I would like to thank hon. Kabogo for that observation that it is Section 31(1) of the Banking Act that prohibits disclosures or publication of information in possession of the CBK as a result of the performance of its duties under the Act. It provides that it does not disclose the financial affairs. I want us to look at this through very sober eyes. Banks are run on trust and confidence. If we are not careful, if a bank gets bad publicity, there is big risk of having a run. Bad publicity includes even mentioning that this bank violated this section and this bank did this. I can confirm that it is true banks have violated the law, but this is dealt with on case by case basis in strict confidentially."
}