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{
    "id": 644596,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/644596/?format=api",
    "text_counter": 164,
    "type": "speech",
    "speaker_name": "Hon. Midiwo",
    "speaker_title": "",
    "speaker": {
        "id": 184,
        "legal_name": "Washington Jakoyo Midiwo",
        "slug": "jakoyo-midiwo"
    },
    "content": "As I finish, the Kenya Bankers Association, the rogue association that runs the banking industry, its days are numbered. I want to tell them that they engage us between now and next Wednesday or they will be going home with the closed banks. The Kenya Bankers Association seems to want the authority to aid in the destruction of our economy. What happens when you say that somebody who is a bank owner lends himself Kshs7.9 million and you claim to have the power to self- regulate? So, the Kenya Bankers Association and the Inspectorate Department of the CBK are colluding. We cannot let them to continue doing that anymore. It will be wrong. The President must prepare himself with his signature and pens to sign this Bill. Let us make a mistake. It is better to correct a mistake than do nothing. As I end, the State must give the Central Bank of Kenya (CBK) a board. You cannot have a Chairman of CBK without a board. So, the Governor is left to work alone and there is a board that is recognized in law. What is the role of the Chairman? The State can help. It cannot lie back and not work with us to resolve this crisis. Hon. Temporary Deputy Speaker, I propose and move. Thank you."
}