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{
    "id": 510333,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/510333/?format=api",
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    "content": "(iv) to aid the speedy conclusion of this matter, the Committee will undertake time-bound closure proceedings. The other old matter that the Committee engaged the Cabinet Secretary over was KenRen. The Committee expressed concern that for over 40 years, KenRen saga has remained in the books of accounts of Government, as a toxic debt obligation, placing immense burden upon the Kenyan taxpayer. The Committee had resolved to commence closure proceedings on this matter alongside Anglo-Leasing and wanted to get a status brief from the Cabinet Secretary. In his brief, the Cabinet Secretary reminded the Committee that KenRen arose out of a joint venture entered into in the mid-1970s between the Government and an American firm, N- The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}