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{
    "id": 645085,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/645085/?format=api",
    "text_counter": 108,
    "type": "speech",
    "speaker_name": "Hon. (Prof.) Nyikal",
    "speaker_title": "",
    "speaker": {
        "id": 434,
        "legal_name": "James Nyikal",
        "slug": "james-nyikal"
    },
    "content": "Thank you, Hon. Speaker. Let me add my voice to this matter. What I find extremely disturbing is that I see no anger. People are talking of laxity at the Central Bank of Kenya (CBK) and the audit firms, but we are talking of people who have taken home about Kshs8 billion. The directors start banks, take deposits from members of the public and walk away with the money. When we came to this Parliament, I once said that we must start thinking of some economic crimes for which people should be given life sentences. When the Member for Kiharu brought up this matter, we quickly turned it down. Let us think of the people who are suffering. Some people are going to die. Children are not going to go school because over 1,000 people are going to lose their jobs at Chase Bank. What are the people who had small businesses depending on the employees of Chase Bank going to do? As the Finance Committee looks into this matter, this country must consider giving the death sentence to people who collect other people’s money and commit economic crimes that hurt people en masse. This is the direction we must take. People must not continue collecting people’s money and leaving. We are now talking of how to come up with nice laws. We know those people. Why is it not possible for the Government to start going for their properties and selling them? Those should be the first people to go to court. This country is not serious. In other countries, this matter would have resulted in people going to the streets to demonstrate. But in this country, we have accommodated corruption so much that we do not see what this means. As I support what the Leader of the Majority Party has said, one of these days, we must introduce the death sentences to some types of economic crimes."
}