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{
    "id": 541695,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/541695/?format=api",
    "text_counter": 513,
    "type": "speech",
    "speaker_name": "Hon. Barua",
    "speaker_title": "",
    "speaker": {
        "id": 1529,
        "legal_name": "Ejidius Njogu Barua",
        "slug": "ejidius-njogu-barua"
    },
    "content": "irregularities and consistencies. I would like to say there is also some form of corruption in it. Hon. Temporary Deputy Speaker, where we are right now, Telkom Kenya’s Government shares is 30 per cent. This is not a very interesting affair. It is not an affair that should be supported by this House. A company like Telkom Kenya, which has a big security implication, is in the hands of foreigners. I would like to support the findings of the Committee, and say that those responsible for the dilution of Government shares must be made to account. Those who misappropriated Government funds, and by extension public funds, or funds kept in their trust on behalf of the Kenyan population, should be made to account and made to return part of that money. The other recommendation I would like to support is for the EACC, although I know it is in turmoil now--- The reconstituted EACC should come in quickly and ensure that those culpable are made to account for their misdeeds. As we learned from the Presidential Address to this House--- The President drew a line in issues of corruption. This House, which I am a Member of, should also draw a line. A time has come for us to say that we must pursue every initiative we engage ourselves in to fruition or conclusion. I want to emphasize that as a Member of that Committee, we would like to ask the Committee on Implementation to work extra time and ensure that the reasons behind this bogged process are exposed to the public, and the lost money recovered. This country, at the moment, is in the process of harmonizing parastatals. In the harmonisation process, I am sure that there will be some privatisation. If privatisation and recapitalization of Telkom Kenya was successful, it would have served as a very good example of how to privatise institutions in Kenya. Right now, it is not an example of how to do bad privatisation leave alone a good privatization, because it has failed. I would like to recommend that the people who have been entrusted with recapitalisation should be of high moral standing, people who cannot be corrupted and people who can be trusted with the community’s resources. The way this process was done, I want to repeat, was wrong. Hon. Temporary Deputy Speaker, I want to stop there by again supporting the initiative and this Report of the PIC, and emphasizing that as Members of this Committee, we will be very comfortable if we get the outcome of the investigation by the EACC on the culprits in this process. Hon. Temporary Deputy Speaker, I support."
}