{"id":435469,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/435469/?format=json","text_counter":257,"type":"speech","speaker_name":"Hon. Langat","speaker_title":"","speaker":{"id":384,"legal_name":"Benjamin Kipkirui Langat","slug":"benjamin-langat"},"content":"Hon. Temporary Deputy Chairman, I beg to move: - THAT, Clause 3 of the Bill be amended in the proposed new subsection (7)- (b) by deleting the words “expenses associated” and substituting therefor the words “pre-negotiated expenses initiated solely and exhaustively”. The Committee viewed this particular provision as an open-ended kind of expenses. We wanted to lock it up; we settled on the view that the expenses have to be pre-negotiated for that purpose only – not on any other expense that can be netted from the proceeds of the loan. Some Members asked: “Suppose we get a loan of Kshs100 billion and use 30 per cent of it as expenses?” It would be very funny."}