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{
    "id": 284585,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/284585/?format=api",
    "text_counter": 92,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": "Mr. Deputy Speaker, Sir, the lead sponsoring stockbroker was only dealing with the PALs of the main shareholders; that is, the KQ and KLM. All the other prospective shareholders were going through the registered stockbrokers in the market in the normal manner. But it is only these two, in the terms drawn by KQ, where this lead sponsoring stockbroker was going through. They were chosen by the KQ. The terms of reference were drawn by this lead transaction stockbroker. Those terms of reference is what stated what they were supposed to do and how they were going to be paid. I have said that they were paid 1.5 per cent of the value of the stocks. In respect to the Kenya Government, this translates to about Kshs71 million. Thank you, Mr. Deputy Speaker, Sir."
}