{"id":310319,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/310319/?format=json","text_counter":92,"type":"speech","speaker_name":"Mr. Githae","speaker_title":"","speaker":{"id":159,"legal_name":"Robinson Njeru Githae","slug":"robinson-githae"},"content":"Mr. Deputy Speaker, Sir, I do not know which of the answers I have given is substantially incorrect. As I said, Charterhouse Bank was not fined Kshs1 million because of tax evasion. It was fined because of violation of the Banking Act. I can also confirm that other banks were also fined a similar amount for violating similar guidelines. Charterhouse Bank was not closed because of those violations; it was put under statutory management in order to protect depositors. When bad publicity started targeting the bank, there was fear that there would be a run on the deposits. So, it was a way of protecting depositors. Mr. Deputy Speaker, Sir, as suggested by hon. Shakeel, I will have a look at the Committee report and seek to have a meeting with the Committee, so that we can discuss the matter and bring it forward."}