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{
    "id": 575960,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/575960/?format=api",
    "text_counter": 98,
    "type": "speech",
    "speaker_name": "Hon. Kangara",
    "speaker_title": "",
    "speaker": {
        "id": 12543,
        "legal_name": "Benson Mutura Kangara",
        "slug": "benson-mutura-kangara"
    },
    "content": "We told our people to go and do business elsewhere - not necessarily here in Kenya - but they need backing. The world has become so fragile. There are other issues like those who had invested in Greece and then its economy just collapsed. Others may have invested in Asia where there is territory invasion. Those are issues that are not an individual’s doing but factors beyond one’s control. It is only the Government that can facilitate and see that people go out and invest elsewhere, but they are supported back home when such eventualities come into play. The good aspect of this Bill is that there is a provision for those current and former directors as well as shareholders who have plundered and looted factories and companies, to be taken to court and their property sold so as to recover any losses incurred. There are other people who also face consequences especially the unsecured creditors. A company may go under but since you are providing services and other supplies, when it comes to liquidation, you are not considered anywhere. These are factors that the Bill has captured. More so, issues of dependants have been well-looked after; especially those dependants who are fully dependent on a deceased person’s estate. They are also catered for so that they are facilitated and can earn a living. With those few remarks, I beg to support the Bill."
}