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{
    "id": 542483,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/542483/?format=api",
    "text_counter": 214,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Hon. Temporary Deputy Speaker, there is a company called “Alcazar Capital Limited.” We went out of our way to find out more about its ownership. We were told the company was fully represented in the Board. We did due diligence. To date, none of the Public Investments Committee (PIC) members can tell the whereabouts of this company which participated in this consortium. Initially, we were told they are based in Dubai and we realised they are not there. Later on we were told they are based somewhere in Upper Hill Estate, but we found out they are not there. Then we were told they are based in United Kingdom (UK), but we also realised that they are not there. A telecommunication company is a quasi security entity. Allowing a nondescript company to participate in one of the biggest privatisation ventures in the Republic of Kenya without an identity, office, location and its true owners being unknown is something that we found suspect and we could not comprehend it. We are recommending to this House and other investigative agencies to put in place all the mechanisms in order to bring out the true identities of the owners, directors and the location of this company called “Alcazar Capital Limited.” As a Committee, we were unable. Of course, this is not the first time, I know of privatisations that took place and I also have a history of mysterious companies that participated, but nobody could claim ownership of them. 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."
}