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{
    "id": 510334,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/510334/?format=api",
    "text_counter": 139,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "REN Limited, to form a company registered as KenRen Chemical and Fertilizers Company Limited. The total loan guarantee by the Kenya Government then was US$42,796,000 at an interest rate of 8.5 per cent per annum. However, no fertilizer factory was ever constructed by KenRen, and the country never got value for money for the Kshs.3,000,685,925 expenditure incurred on the project as at 30 June 2011. He informed the Committee that all KenRen related debts will be fully settled by the year 2016."
}