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{
    "id": 284582,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/284582/?format=api",
    "text_counter": 89,
    "type": "speech",
    "speaker_name": "Mr. M’Mithiaru",
    "speaker_title": "",
    "speaker": {
        "id": 72,
        "legal_name": "Ntoitha M'mithiaru",
        "slug": "ntoitha-mmithiaru"
    },
    "content": "But the way the answer is crafted, it brings in some confusion in that the Government holds 23 per cent of the shares in KQ. The KQ who were issuing this rights issue had to appoint their own transaction advisors. On taking up the rights issue, the Government had to go through a broker. This broker must be chosen competitively by the Government. What he has not said is that, that broker either has been paid or will be paid about Kshs100 million. So, there is no way the Government can go through a broker silently yet they knew the colossal amount of money that is involved in terms of the commission. So, the Government single handedly went silently through a broker who now passed the rights issue for onward transmission to KQ. So, is he in order to say that there is no procedure when the Public Procurement and Disposal Act clearly says that any activity by the Government must go through the procurement process?"
}