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{
    "id": 382193,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/382193/?format=api",
    "text_counter": 90,
    "type": "speech",
    "speaker_name": "Sen. Elachi",
    "speaker_title": "",
    "speaker": {
        "id": 13115,
        "legal_name": "Beatrice Elachi",
        "slug": "beatrice-elachi"
    },
    "content": "Yes, Mr. Deputy Speaker, Sir. It was in the media, that the lawyers will be paid Kshs800 million. If you look at the figure that the Mau Mau are being compensated with, you would wonder if it is right and fair. When you ask anyone in this country, especially the institutions of Government, to even give you figures of unclaimed assets, nobody will disclose it to you. This is because they know that they are working with the banks. The banks will never allow any Kenyan to know what they have as unclaimed assets. I do not have the figures for this, but I know that there are more than Kshs200 billion in unclaimed assets. Therefore, I agree with the Mover of the Motion that, indeed, it is time we asked ourselves, as a country, whether it is right for people to languish in poverty when we know that they have assets and money that they have contributed for years. Therefore, it is time for their families to use that money to take their children to school or even improve their livelihoods wherever they are staying. Mr. Deputy Speaker, Sir, I would wish that the Mover of the Motion does more research to help even the Government to understand. When we talk of “unclaimed assets” and “compensation” we need to ask ourselves: How do we deal with unclaimed assets and at what level is the Government allowed also to take the unclaimed assets and reveal to the public their value? Then, we will be helping even the country to understand how much the banks hold sometimes as unclaimed assets and whether they have been able to look for the beneficiaries of those unclaimed assets. Those are some of the challenges that I think many people have faced when they go to claim their assets; where parents or maybe their fathers passed on and never disclosed to their families where most of the The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}