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"id": 570509,
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"type": "speech",
"speaker_name": "Hon. Kajwang’",
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"legal_name": "Tom Joseph Kajwang'",
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"content": "The other outstanding feature you see in this Bill is that it has created a practice called “bankruptcy practioners”. You remember the Laico or the Grand Regency story. So many people are being called bankruptcy liquidators working under the Office of the Registrar. We now want to codify that practice so that there are some people who must get some technical training and expertise, be registered as such and known to be bankruptcy practioners. Well, they will be professional undertakers of companies of sorts, but we will now have specific people on whom responsibility has been imposed by law. Therefore, you cannot swindle companies you are supposed to jumpstart. You will keep accounts and there are professional standards you must maintain as a bankruptcy practioners."
}