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"id": 389546,
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"type": "speech",
"speaker_name": "Hon. F.K. Wanyonyi",
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"speaker": {
"id": 2065,
"legal_name": "Ferdinard Kevin Wanyonyi",
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"content": "What is also interesting is that those that need to be reimbursed, from this amendment, it will be done without having to go to the depositors or the shareholders. It will be done promptly because they have money to protect their own insurance or whatever that you have put there as deposit. So, all I am saying is that given the background and this amendment I urge the House to support it because even if you have the receivership--- I remember and with a caution, we have had receiverships in some of the institutions who instead of staying for six months or one year as proclaimed, stay for more than three, four to five years to enrich themselves. However, given this regulation I think those who will be appointed as receivership managers will be able to do the work as required within the specified period. I think this is a worthwhile amendment and I support it. Thank you."
}