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"id": 603992,
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"type": "speech",
"speaker_name": "Sen. Nabwala",
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"speaker": {
"id": 13116,
"legal_name": "Catherine Mukiite Nabwala",
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"content": "Mr. Speaker, Sir, the CBK should have mechanisms in place to detect when a bank is under receivership. Imperial Bank shareholders are very wealthy people. What surprises me is why a bank like that should go under unless there has been diversion or theft of funds. If that is the case, the CBK has some mechanisms where you cannot write a cheque of more than Kshs1 million. How could billions be siphoned out without being detected by the CBK unless they are part of the whole issue?"
}