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"id": 315123,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/315123/?format=api",
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"type": "speech",
"speaker_name": "Ms. Mbarire",
"speaker_title": "The Assistant Minister for Tourism",
"speaker": {
"id": 78,
"legal_name": "Cecily Mutitu Mbarire",
"slug": "cecily-mbarire"
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"content": " Thank you, Mr. Temporary Deputy Speaker, Sir, for granting me this opportunity to contribute to this timely Bill. I want to begin by really thanking Dr. Khalwale for finding it fit to bring it, so that we can protect all Kenyans from selfish investors who want to take advantage of unknowing Kenyans and make money out of them. Mr. Temporary Deputy Speaker, Sir, the reason I want to support this Bill is because a lot of my constituents lost millions and millions of money to these pyramid schemes. Secondly, I want to give a real life story of an old man who was very close and who lost over Kshs5 million to these pyramid schemes. All the family savings that he and his wife had was consumed by these schemes. When he realized that he had been conned of his life savings, he became very sick. He was admitted in a hospital for more than one month. To date, he has never recovered. Every time I meet him, he always asks me: “Is it that we do not have a Government that can protect us from these people?” Mr. Temporary Deputy Speaker, Sir, even as I support this Bill, we must never lose sight of those people who lost money through these pyramid schemes. We must never lose sight of the fact that a task force was established by the Government of Kenya to look into this matter. They came up with a comprehensive report. This report gives"
}