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{
    "id": 42355,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/42355/?format=api",
    "text_counter": 462,
    "type": "speech",
    "speaker_name": "Mr. Muriithi",
    "speaker_title": "The Assistant Minister for Industrialization",
    "speaker": {
        "id": 91,
        "legal_name": "Ndiritu Muriithi",
        "slug": "ndiritu-muriithi"
    },
    "content": " Thank you, Mr. Deputy Speaker, Sir. I rise to second that the Insolvency Bill be read a second time. In doing so, as the Mover, the Attorney-General, has explained, we are in a time where the whole legal regime under which private companies are operating is undergoing modernization. The hon. Attorney-General referred, for example, to the new Companies Bill which has already gone through the Second Reading with a lot of support from the House. These sets of law will add to the Accountants Act that sought to improve the nature of financial reporting and, therefore, improve the overall corporate governance of companies. Therefore, they will underpin our efforts to modernize this economy. Indeed, this Insolvency Bill is part of that overall modernization regime under which private companies, or the private sector, operate."
}