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{
    "id": 40850,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/40850/?format=api",
    "text_counter": 339,
    "type": "speech",
    "speaker_name": "Ms. Karua",
    "speaker_title": "",
    "speaker": {
        "id": 166,
        "legal_name": "Martha Wangari Karua",
        "slug": "martha-karua"
    },
    "content": "Madam Temporary Deputy Speaker, Sir, all in all, I would say we look at the Bill critically to see whether it answers what it sets out to do, to even go beyond that and provide for whatever we feel as House is not provided for. I have indicated that one of the areas to check is transparency and accountability of insolvency practitioners and, indeed, of receiver managers. We know that in many instances, where receiver managers take over estates, they literally become owners of those estates. There has been very little accountability in this area. It depends on the goodwill of each individual manager. We cannot leave public assets to the goodwill of those who manage. We need to have stringent laws that ensure that we protect the firms and individuals, who have filed for bankruptcy, as well as the public which they owe."
}