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{
    "id": 647299,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/647299/?format=api",
    "text_counter": 211,
    "type": "speech",
    "speaker_name": "Sen. Wetangula",
    "speaker_title": "The Senate Minority Leader",
    "speaker": {
        "id": 210,
        "legal_name": "Moses Masika Wetangula",
        "slug": "moses-wetangula"
    },
    "content": " Mr. Temporary Speaker, Sir, in the last question that I sought from the Chairman, I asked about the competence and capability of Central Bank of Kenya (CBK) to superintend over banks. Could the Chairperson confirm that given the events that led to the collapse of Dubai, Imperial and Chase banks and considering the shaky situation of National Bank of Kenya (NBK), the leadership at the CBK and their ability to superintend over our banks and manage our monetary policy and stability is wanting and needs to be addressed urgently. We do not want to have situations where we fall back in the 1990s where within a spell of one year, more than 20 banks went under as the CBK watched."
}