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"id": 632335,
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"type": "speech",
"speaker_name": "Hon. Njomo",
"speaker_title": "",
"speaker": {
"id": 1784,
"legal_name": "Jude L. Kangethe Njomo",
"slug": "jude-l-kangethe-njomo"
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"content": "Hon. Temporary Deputy Speaker, the Bill was passed by this honourable House in December 2000. But it was rejected by the then President Daniel arap Moi in January 2001. This was the first Bill to be rejected by the President. It came back to this House with a memorandum. It was debated and some amendments were done and it was passed again in August the same year - 2001. It was assented to by the President on 6th August, 2001. It became law. But there was a technicality. When they passed the amendment in August 2001, they did not change the date of the Bill from January 2001. So, the Bill was passed in August, but the Bill date was January the same year. This led to litigation. Banks went to court and after a long court battle, they won and the Bill was thrown out."
}