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{
    "id": 641156,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/641156/?format=api",
    "text_counter": 81,
    "type": "speech",
    "speaker_name": "Sen. Wetangula",
    "speaker_title": "The Senate Minority Leader",
    "speaker": {
        "id": 210,
        "legal_name": "Moses Masika Wetangula",
        "slug": "moses-wetangula"
    },
    "content": "(b) If the Cabinet Secretary is aware that the said unaccounted for funds were secured by the bank’s top managers. (c) The steps, if any, taken by the National Treasury to secure public funds lost that belong to inter alia the National Social Security Fund (NSSF). Mr. Temporary Speaker, Sir, you may be aware that the NSSF has a 48 per cent stake in the NBK. Those are public funds. The National Hospital Insurance Fund (NHIF) and the Retirement Benefits Authority (RBA) and other public institutions also have a stake, not to mention that the bank is wholly Government and quas i-Government owned. (d) Actions taken to investigate and establish individuals responsible for the loss and punish those found culpable. (e) The role of the Central Bank of Kenya (CBK) as a regulator and banker of the Government through the banks inspection department to ensure that the public funds deposited in the NBK are not misused or misappropriated. (f) The role the National Treasury plays as a custodian of public funds to ensure that the funds are not misused or misappropriated. 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"
}