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{
    "id": 627506,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/627506/?format=api",
    "text_counter": 54,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Thank you, Hon. Speaker. I take this opportunity to give the status of pending business before the PIC as of 2nd March, 2016. I am privileged to stand before the House to apprise it on the business of the PIC in this 4th Session. Before I do that, allow me to point out the mandate of the Committee so that Hon. Members and members of the public can also appreciate the work of this unique Committee. The PIC is established pursuant to the provisions of the Standing Order No. 206 of the National Assembly. It is mandated to, among others, examine reports and accounts of public investments. Public investments in this case imply quasi-government institutions and State corporations. Secondly, it is mandated to examine reports, if any, of the Auditor-General on public investments. That is special audit. This third role is one which many people, including the members, have not understood. It is to examine, in the context of autonomy and efficiency of the public investments, whether the affairs of public investments are being managed in accordance with sound financial or business principles and prudent commercial practice. The Committee has submitted the following reports. The first Report after the Committee was constituted immediately after election of the 11th Parliament was a Special Report of the National Cereals and Produce Board (NCPB) on the Erad maize suppliers tabled before this House on 22nd October, 2013. This was a Special Report that examined the contract between the NCPB and Erad Supplies and General Contractors Limited for the supply of white maize. The Report was tabled and adopted by the House. Secondly, there was a Special Report on the restructuring of the Kenya Petroleum Refinery Limited. The report was laid on the Table of this House and adopted. Thirdly, there was the report on the recapitalisation and the balance sheet of the restructuring of Telkom Kenya Limited, which was laid before the House and adopted. The fourth report was a Special Report on the procurement and financing of the construction of the Standard Gauge Railway (SGR) from Mombasa to Nairobi. The report was tabled and the House adopted it. The fifth report was a Special Report on procurement and financing of the National Social Security Fund (NSSF) Tassia II Infrastructure Development Project. The report is still pending before the House. The sixth report was a Special Report on procurement of the tender for the proposed Kenya Bureau of Standards (KEBS), Coast Regional offices and laboratories in Mombasa. The report is pending before the House. The seventh report is a Special Report on procurement and process of the Kenya Pipeline Company Line 1 Capacity and Heads project, which was laid on the Table of the House and adopted. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}