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"id": 632415,
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"type": "speech",
"speaker_name": "Hon. Musimba",
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"speaker": {
"id": 1804,
"legal_name": "Patrick Mweu Musimba",
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"content": "Thank you, Hon. Temporary Deputy Speaker for this opportunity. At the outset, I want to support my colleague, Hon. Jude Jomo. Mhe. you have done a very courageous thing. I want to speak from the side because I am an interested party in the banking industry. Many things which the CBK is doing are actually disheartening the population. The factors of production are mainly land, capital and labour. We start negating the capital portion by telling the Kenyan populace that they have to go and answer punitive questions when drawing their own money. Surely, the people who bank are not those who have committed robbery with violence. We are sending the major gains we have made from 2000 when people were largely keeping their money in their houses, down the drain. We are banking more and bringing more people to inclusion. Banks as institutions that are entrepreneurial in nature are taking advantage of this to make money. By making it impossible to bank and making people to keep large cash reserves within their houses, we are, indeed, going to increase incidences of robbery. People cannot even say what they were robbed because they were keeping a lot of money in their houses. We are going to herald the growth of 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."
}