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"speaker_name": "Hon. Abongotum",
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"legal_name": "Asman Abongutum Kamama",
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"content": "Thank you very much, Hon. Temporary Deputy Speaker. I want to join my colleagues in thanking the Departmental Committee on Justice and Legal Affairs under the able chairmanship of Hon. Chepkongāa for being thoroughly meticulous in coming up with this Bill. I want to say that the Insolvency Bill and even the Companies Bill was very voluminous and will assist in taking this country forward in terms of business matters. We all know that in the 1990s, apart from Dubai Bank that went under yesterday or two days ago, we used to have the Delphis Bank, Trust Bank, Trade Bank and Daima Bank. Quite a number of them went under and many Kenyans really suffered. Up to today, I know of people who have never recovered in business because of those losses. This Bill will cure most of those challenges and fears. This is now to send a message to investors - whether local or international - that Kenya is business friendly. This Bill will solve most of those problems. So, I totally support the Bill. We laud this Chairman and his Committee Members. Thank you, Hon. Temporary Deputy Speaker."
}