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"id": 578379,
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"type": "speech",
"speaker_name": "Hon. G.W. Omondi",
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"id": 1169,
"legal_name": "George Washinton Mallan Omondi",
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"content": "“(e) the functions of authorized insolvency practitioners, the manner in which they are required to conduct their practice and a scale of remuneration including expenses chargeable against debtors’ assets.” The insolvency practitioners, who have also been called “receivers”, have been charging anything they want. They have even been colluding with creditors to pay themselves out of the debtor’s assets. However, placing the Cabinet Secretary as the one responsible of coming up with the scale of remuneration will check the abuse that has been going on."
}