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{
"id": 647306,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/647306/?format=api",
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"type": "speech",
"speaker_name": "Sen. Billow",
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"speaker": {
"id": 260,
"legal_name": "Billow Adan Kerrow",
"slug": "billow-kerrow"
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"content": "Mr. Temporary Speaker, Sir, I would like to advise the Senator for Bungoma County that in any business, be it a bank, one does business with an aim to make profit. However, when doing business, one can also make a loss. National Social Security Fund (NSSF) is an investor in the NBK which can make a loss like any other bank. Therefore, the Kshs1.2 billion is a loss on the operations of the bank. It is not a loss of the deposits. Therefore, all the other entities that have deposits there are not at risk because it is not a loss of deposits, but on business. I would like to inform him that ---"
}