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"id": 645079,
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"type": "speech",
"speaker_name": "Hon. (Dr.) Simiyu",
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"speaker": {
"id": 141,
"legal_name": "David Eseli Simiyu",
"slug": "david-eseli"
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"content": "Thank you, Hon. Speaker. It is a long time since I got such a chance. What the Hon. Leader of the Majority Party has raised is very important. This House has been asleep because what is going on at the National Bank of Kenya (NBK) was published long time ago. For some reasons, NBK sold all their buildings and, in the process, showed a profit. That did not sound like banking to me. I wondered where our Departmental Committee on Finance, Planning and Trade and Public Investments Committee (PIC) were to look into this matter. So, to some extent, this House has slept and we need to accept that. Then, the rest of the country has gone rogue and that is why we are having this. This is a reflection of the nation as we are because financial impropriety has permeated every part of this nation to the extent that the banking sector was going to be affected with time. There is financial impropriety all over, even in parastatals! Some of that ill-gotten money is being put in those banks. Some of those bank directors know that it is ill-gotten wealth and they also want to steal some of it. This is a rot that is permeating the whole nation. I will quote from two books, although I will not quote the exact verses. They are diametrically opposed but they say the same thing. The Bible encourages rulers of nations to surround themselves with people of integrity who are selfless to serve under them and who will be able to deliver to the people. Although I used a difficult name when he was made Governor of CBK by calling him a monk, but one such a person is the Governor of CBK. In The Prince, Machiavelli says that as a ruler, you should surround yourself with selfless people who will not rob the people but, instead, they will work for the people. This is an example and the Jubilee Administration should learn from what is going on. You have got a CBK Governor who has come up to show you where the rot is. That is important and should be a lesson to the Jubilee Administration that is appointing leaders to lead over Kenyans. Who audits auditors? Many of those audit firms, when you look through the reports of PIC over the years, have been involved in helping to “cook” the books."
}