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{
    "id": 560118,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/560118/?format=api",
    "text_counter": 519,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Hon. Temporary Deputy Speaker, the Committee also observed that some of the State corporations had audit queries on weak financial positions. When you realise that an organisation is insolvent, the first thing that an audit office or the concerned Ministry is supposed to do is to either have it put under receivership or inject a bit of capital to enable it function. Some of the organisations that have had this problem include the National Oil Corporation (NOC) before it was turned around; the National Housing Corporation (NHC) to which I had the privilege of being member of its Board; the Cotton Development Authority (CDA); the Kenya Railways Corporation (KRC); the Ewaso Nyiro North Development Authority and the Kenya National Examinations Council (KNEC). These organisations had very weak financial positions that interfered with their performance."
}