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{
"id": 644544,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/644544/?format=api",
"text_counter": 112,
"type": "speech",
"speaker_name": "Hon. (Dr.) Kibunguchy",
"speaker_title": "",
"speaker": {
"id": 294,
"legal_name": "Enoch Wamalwa Kibunguchy",
"slug": "enoch-kibunguchy"
},
"content": "We want to safeguard the welfare of Kenyans. We want to see how Kenyans’ money can be protected. In my view, the buck stops with the CBK. The CBK has let Kenyans down because it is supposed to supervise all these banks. The CBK is supposed to know the bank that is going towards red. For example, I am a doctor and if a patient comes to me, I should be able to assist him to know that the disease is either deteriorating or getting better. If the CBK cannot do that, then it has let us down. The present Governor of CBK, a man of honour, needs to completely overhaul the supervision department of the CBK. The banking supervision department should be overhauled, so that we can have people who can detect banks which are going towards red."
}