{"id":578433,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/578433/?format=json","text_counter":370,"type":"speech","speaker_name":"Hon. G.W. Omondi","speaker_title":"","speaker":{"id":1169,"legal_name":"George Washinton Mallan Omondi","slug":"george-washinton-mallan-omondi"},"content":"Thank you, Hon. Temporary Deputy Speaker. The passage of this Bill is a good thing for Kenyan entrepreneurs and risk-takers. What has been happening is that any company that goes under receivership is a dead company. This Bill realized that, that is not the case because it can be revived and run again. Some of us have gone through this experience. I fought the receivers for a company that was declared insolvent. I turned it around after 15 years and it is running again. It will encourage more Kenyans and encourage people to put money in business."}