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{
    "id": 429966,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/429966/?format=api",
    "text_counter": 212,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Let me go to the second function. I only request those who are fine with this music to bear with me because we will follow the law. The second function is to “examine the reports, if any, of the Auditor-General on the public investments.” This is why in all our meetings, unlike Departmental Committees, we have the Inspectorate of State Corporations, representatives of the Investment Secretary, the Auditor-General and a representative from the National Treasury. This is simply because we have to deal with three issues: “(a) examine the reports and accounts of the public investments; (b) examine the reports, if any, of the Auditor-General on the public investments; and (c) examine, in the context of the autonomy and efficiency of the public investments, whether the affairs of the public investments, are being managed in accordance with sound financial or business principles and prudent commercial practices.” This has caused some confusion. “Autonomy” means an institution that is legally recognized as an entity that can stand on its own by virtue of a law that has been passed by this House. Therefore, “examine, in the context of the autonomy and efficiency of the public investments, whether the affairs of the public investments, are being managed in accordance with sound financial or business principles and prudent commercial practices.” Hon. Speaker, I want to be told what that means? The confusion lies with the definition of these operational Ministries and departments vis-à-vis public investments. Once we get these State corporations and departments of Ministries clearly defined, we will be at home. For us, in the next three weeks, I will be giving you the reports on those 96 parastatals as required by law. I am sure you will be very happy simply because we are following the law. I do not know what Public Accounts Committee (PAC) does. But I can speak on behalf of my colleagues here, we have never gone outside our mandate. Having been in this House for so many years, I am a stickler to procedures. I want you to believe me for the sake of this House and our names. By now we should have spent this hour on something else. I would like to plead with you to bring this issue to an end today. For those hon. Members, because we are being lumped together as chairpersons-- - For the last one year that we have been in office, I have interacted with only two The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}