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{
    "id": 343976,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/343976/?format=api",
    "text_counter": 173,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
    },
    "content": "Mr. Speaker, Sir, I apologize I have received so many papers today. However, I beg to reply. (a) I wish to clarify and state that the Central Bank of Kenya (CBK) hired Mr. Melvine Smith in 2005 to assist in evaluating the non-performing loan problems and other short comings afflicting the banking industry and, I repeat, not specifically to investigate Charterhouse Bank. (b) I hereby table a copy of the contract between Mr. Melvine Smith and the CBK signed in September 2005. (c) The recruitment of Mr. Melvine Smith was done through single sourcing in view of the special nature of the assignment. (d) The special investigation of Charterhouse bank was conducted by the then Kenya Anti-Corruption Commission (KACC), in collaboration with the Kenya Revenue Authority (KRA) and the Banking Fraud and Investigation Department, with the main focus being economic crimes. In this regard, I am not able to table the experts’ report of this investigation in this House as the said investigation was done by that joint committee. The report is with the Ethics and Anti-Corruption Commission (EACC) and can thus be sourced from there as the EACC is not under my docket."
}