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"id": 462781,
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"type": "speech",
"speaker_name": "Hon. Langat",
"speaker_title": "",
"speaker": {
"id": 384,
"legal_name": "Benjamin Kipkirui Langat",
"slug": "benjamin-langat"
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"content": "Hon. Temporary Deputy Chairlady, the Bill makes provisions which may be abused. This Clause provides that if you want to own an insurance company, or if you want to manage or control one, the Authority should look at your financial and moral suitability. It is very difficult to know how moral suitability can be measured. We do not have an instrument for measuring the moral suitability of individuals. So, as a Committee, we agreed that while the drafters of the Bill have given some suggestions, we delete it for the time being. We feel that this provision may be abused. We can look at this aspect in the next set of amendments. So, as a Committee, we propose that it should be deleted, subject to further consultations in the future."
}