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{
    "id": 575501,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/575501/?format=api",
    "text_counter": 324,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "This is what I am saying about Mumias Sugar Company and Members should understand it. It is very open. If you do business with Mumias Sugar Company, you are doing business as a Kenyan. I have not done any business with Mumias Sugar Company since I came to this House, but I used to be a distributer before and I can confirm that I am an elected Member of the National Assembly from that region; I must defend Mumias Sugar Company. Lastly, I want to talk about the issue of negotiating with banks. Many banks will give you a 14-day notice asking you to clear your loan or they recall it. Under this item, banks have been used by senior politicians to settle political scores with their political rivals. A rival is then declared bankrupt and, therefore, cannot meet the integrity qualification for him or her to contest as a Member of the National Assembly, a Senator, President or governor. With this insolvency law in place, we will have a proper mechanism, and there will be no way that somebody will walk to a bank and say that “Savula has a loan in this bank and he is unable to pay. So, can you recall the loan, so that we can finish him politically, and so that he cannot go to Lugari and be re- elected as a Member of Parliament since he will have been declared bankrupt?” These are the issues that we are addressing here and not trivials by Members of Parliament who do not understand business. I do not like nonsense."
}