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{
"id": 577378,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/577378/?format=api",
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"type": "speech",
"speaker_name": "Hon. Chepkongāa",
"speaker_title": "",
"speaker": {
"id": 1154,
"legal_name": "Samuel Kiprono Chepkonga",
"slug": "samuel-kiprono-chepkonga"
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"content": "I beg to move:- THAT, the Bill be amended by inserting the following New Clause immediately after clause 252- Offence to include 252A. A person who knowingly or recklessly authorises or misleading, false or deceptive particulars in permits the inclusion of misleading, false or deceptive register of secretaries. particulars in a register of secretaries commits an offence and is liable on conviction to imprisonment for a term not exceeding two years or a fine not exceeding one million shillings, or to both. Hon. Temporary Deputy Chairman, the New Clause 252A provides for the offence of giving misleading, false and deceptive information in a statement. It provides for stiff penalties for breach to protect the interests of companies. Many a times, we have known that many people give false statements with regard to financial statements of the company. For instance, the former Managing Director, Kenya Airways, left without giving the correct financial statement. You can see what has happened to KQ. This sort of behaviour will be completely outlawed once we pass this law."
}