{"id":606862,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/606862/?format=json","text_counter":332,"type":"speech","speaker_name":"Sen. (Prof.) Anyang’-Nyong’o","speaker_title":"","speaker":{"id":193,"legal_name":"Peter Anyang' Nyong'o","slug":"peter-nyongo"},"content":"Mr. Temporary Speaker, Sir, I beg to move:- THAT, aware that the Government of Kenya has a 29.8% shareholding in Kenya Airways Limited thereby being the largest single shareholder in the company; COGNIZANT of the fact that Kenya Airways Limited, the National Flag carrier, has been experiencing tremendous delays and cancellation of flights; AWARE that each delay and/or cancellation has led to grave losses to the airline thereby worsening the debt burden of the corporation; REALIZING that the airline is now in debt to the tune of Kshs18 billion; FURTHER AWARE that the current business plan of the airline does not seem to take into full account necessary measures to turn the company around; CONCERNED that the situation, if left unchecked, may lead to the collapse of the company and great loss to the nation, investors and the Kenyan taxpayers; The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."}