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{
    "id": 40844,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/40844/?format=api",
    "text_counter": 333,
    "type": "speech",
    "speaker_name": "Ms. Karua",
    "speaker_title": "",
    "speaker": {
        "id": 166,
        "legal_name": "Martha Wangari Karua",
        "slug": "martha-karua"
    },
    "content": "non-regulated field where the fees charged by the receiver managers is not specified. I think now that the Bill is before the House, it is up to us, as the House, to make improvements on this Bill. One of the improvements I would like to see is an annual renewable licence for insolvency practitioners, where at the end of each year, an insolvency practitioner will list the matters under their care and give reports on those matters so as to convince the board that is granting the licenses that they are fit and proper to continue with the work of insolvency managers. This will enable the country to have a monitoring mechanism on how receiver managers are performing; if one has not competently handled the matters under their care, or they are overburdened by having too many incomplete matters, then such a receiver manager may have difficulties in having the licence renewed or in getting any additional brief."
}