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"speaker_name": "Hon. Nyamweya",
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"speaker": {
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"legal_name": "Manson Oyongo Nyamweya",
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"content": "Thank you, for giving me a chance to support this Motion. From the outset, I support what the PIC have done. It is a superb job. They have raised very critical issues. If we all remember, Telkom Kenya was a Government by itself. The number of employees working in that parastatal was big. A telecommunications company only invests in equipment, after which maintenance is minimal and you earn your revenue. Unfortunately, for some unexplained reasons, this company has been going down day by day. What pains me is that it is the Cabinet which approved the process of privatisation. They approved this in 2007 when we were headed to an election . They knew what was happening. The Ministry of Finance then and the Investment Secretary knew what was happening. They knew they did not have money and time left for them to do due diligence. They knew there was no time to involve the Auditor-General and the Communications Secretary. They knew asset evaluation had not been done, but they went ahead and privatised it . One question you ask is: What interest did those who did this have? This is because no procedure was followed. The people who were doing this are well educated. They know what it means when they do certain things; we are now talking about it. It has come to the PIC, yet these people still have their jobs. Some of them are in the Cabinet. Some are politicians, who have lost their parliamentary seats. They are not here. I support this Report but it is really bad for this country when a Cabinet meets, then the Permanent Secretary does not provide funds for capitalisation. What is it that we are saying here? I am reading page 79, if you want to look at it. It is very specific. The Cabinet met and approved the reduction of Government holding, which was done on 22nd November 2012; it went down from 49 per cent to 40 per cent, and for it the Government of Kenya (GOK) was to have the sum of Ksh4.9 billion. That was a Cabinet decision. It is noted that only Ksh2.5 billion of the required Ksh4.9 billion, as shown by the current Government in the Printed Estimates, has been disbursed. The question here is: If the Cabinet made a decision, how come the Cabinet Secretary for National Treasury is not able to implement it, yet the same Cabinet Secretary sits in the Cabinet? He knows that that is the position of the Government. Estimates are provided but the funds are not disbursed. I do not know who takes the blame. Is it not the Cabinet Secretary for National Treasury? We are clearly having an irresponsible Government. What are they doing to get the funds? Was it deliberate? Was it something planned? You cannot understand it because the highest organ we have in the Government is the Cabinet. The Cabinet has given a direction but when it comes to the Budget-making process, we are told that the Government did not have money, or that it did not provide the Ksh4.9 billion. They only provided Ksh2.4 billion. In effect, the Government itself allowed this process to go on. If indeed the Cabinet Secretary was wrong, why is he in office? This is not the only parastatal where people have looted. The Kenya Railways Corporation is another example. All these bodies have been used to enrich people. Even with regard to the assets, including plots and houses, which Telkom Kenya had--- If The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}