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{
    "id": 632354,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/632354/?format=api",
    "text_counter": 61,
    "type": "speech",
    "speaker_name": "Hon. Midiwo",
    "speaker_title": "",
    "speaker": {
        "id": 184,
        "legal_name": "Washington Jakoyo Midiwo",
        "slug": "jakoyo-midiwo"
    },
    "content": "I have withdrawn that. I am not like some of you. When I make a mistake, I accept. The savior the common person is looking up to, to save him or her from plundering banks, is Parliament. I have been on this issue for over 10 years and every time we come close to taming the banks, the cartels usually infiltrate Members of Parliament. Now the interests have converged. We want to see who is not on the side of Kenyans. We are not trying to punish the banks. We are only telling them to stop stealing from our people and from mama mbogas . It is not possible that Barclays Bank reports losses all over the world but in Kenya it makes Kshs4 billion or Kshs5 billion as profit every quarter. It is not possible. These foreign banks take the largest share and that is what keeps them afloat in their countries. We support the local banks which play by our rules. This House has a duty and responsibility to look at what is right and help our economy work. We are now in greater problems. You know this animal called devolution, which we all think is a very good thing. There are many Kenyans who have borrowed money to do work in those counties. They consist of the youth, women and other normal contractors. Three years later, many of them have not been paid and they took capital from the banks. The interest which the banks charge them is now more than what they borrowed. We are looking at a scenario where the centre will collapse with the side of it. What are we supposed to do? The banks know that this House has always engaged them. I plead with this House that for this Bill to help Kenyans, it must pass by next week. Let the President deal with it. Let it come for Third Reading. They have seven days to make suggestions. I have always given them time. I beg the Mover to give it time. As a very interested person, I already have my amendments ready. We are going to make it impossible for them to declare profit next year that is stolen from Kenyans. As a House, we must give Kenyans an Easter present. They are not following the laws that exist like the In Duplum"
}