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{
    "id": 29989,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/29989/?format=api",
    "text_counter": 738,
    "type": "speech",
    "speaker_name": "Mr. Chachu",
    "speaker_title": "",
    "speaker": {
        "id": 18,
        "legal_name": "Francis Chachu Ganya",
        "slug": "francis-ganya"
    },
    "content": "Madam Temporary Deputy Speaker, I want to support the Unclaimed Financial Assets Bill. I want to congratulate my friend and brother, hon. Lekuton for bringing this very timely Bill. It is stated that the estimate of unclaimed assets in this country is over Kshs200 billion and what is known and reported is about Kshs1.9 billion. About 60 per cent of these assets are not re-united with the rightful owners or beneficiaries. This is a big gap in our legislation and policies. It is time we came up with a legislation that will enable us to provide for the reinstatement of the unclaimed assets regime which will control the banks, insurance companies and all other related companies and ensure that they give the money and the assets to the rightful owners or beneficiaries. I support the Bill."
}