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{
    "id": 541847,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/541847/?format=api",
    "text_counter": 119,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "and the agreement has not been honoured. Eventually, we lost everything. The Government shareholding in the company reduced further from 49 per cent to 30 per cent. That translates to Ksh66 billion worth of shares, which were fraudulently transferred to private companies, including the cartels whose ownerships are unknown. Therefore, I plead with my colleagues here; that we are the true representatives of the people of Kenya. Article 1 of the Constitution puts the sovereignty of Kenya in the hands of the people. To that extent, we are here as the duly elected watchdog of the people of Kenya. When a giant organisation like Telkom Kenya is reduced to the struggling entity that it is today, all of us should be sad. The PIC deals with so many critical public investments. This Report was tabled in this House in April, 2014. Probably, if the Report had been debated then, the situation in Telkom Kenya would have been different today. As we speak, Telkom Kenya Limited has been advertised for sale. Is that not a very sorry state for us to watch? We know where Telkom Kenya Limited used to be. It has now been reduced to what it is today. Finally, I know that there has to be a time when we must call a spade a spade. I want to urge the Government, and in particular the Executive, led by His Excellency the President. Now that the President has engaged a very strong gear in the fight against corruption, could he critically re-evaluate the privatisation of the various public entities over the last 20 years, with a view to determining the identity of the participants and the beneficiaries, so that we can recover public resources from the cartels that have milked our country dry? Finally, we recently tabled the Nineteenth Report of the PIC. Just as I alluded to as I tabled the Report, I want to bring to the attention of my colleagues the fact that the Report contains the state of affairs of 71 state corporations. I plead with hon. Members to go to Room 8, pick copies of the Report and interrogate it so that when it eventually comes to the Floor of the House, they can have an understanding of how things are happening in the 71 state corporations. That is the only way we can clearly project ourselves as the true representatives of the people of Kenya. I thank all the Members who have contributed to this debate. In particular, I thank Members of the Committee, the Secretariat, and the Office of the Speaker and that of the Clerk of the National Assembly for the support that they have continued to give the Committee, so that we can also perform our duties in line with the Standing Orders. With those remarks, I beg to move and plead with hon. Members to approve this Report."
}