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{
    "id": 678408,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/678408/?format=api",
    "text_counter": 220,
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    "content": "Secondly, when we sought from KLM whether as the Kenya Government injects capital into Kenya Airways, they too will inject equivalent to their shareholding, they were not sure. Part of the recommendation was to see whether there are ways of buying out KLM as a shareholder, so that we are more flexible in what we wanted to do. We also recommended that part of the way that the Kenya Government should inject capital into the airline was to find out how that capital was going to be paid back. The Kenya Government had looked at the purchasing of aircraft for the executive. This is because the little aircrafts that our President uses to travel around the world are miserable. He is the laughingstock of a lot of other countries. Mr. Deputy Speaker, Sir, most of us have escorted presidents from other countries when they land at the Jomo Kenyatta International Airport. I was the escort of honour for the President of Nigeria. He landed in a 777 jet and another one following him. Although we are not a very rich country but the Committee has recommended that these aircrafts that were lying around the airport; the 777-300 be purchased by the government to convert them into executive rather than buying other aircraft. This could have saved money which can be injected into Kenya airways. We had very good recommendations. Part of the problem is that we hear some of the 777 aircrafts that were supposed to be transferred to the executive were taken to Dubai or Abu Dhabi supposedly to be sold, a sale that was not completed and are lying somewhere in the Middle East. They have not been transferred. When we talk about seeking to know the status of implementation of those recommendations, it is an urgent matter that should not be taken lightly. This is especially as we now hear that another Kshs26 billion has gone down the drain. We talked about the exit clause for the oil hedging deal. When we reported the loss this year, oil-hedge was again one of the causes of loss. We recommended that they get the exit clause and get out of the oil-hedging deal. We do not know the situation of that recommendation. Could the Senator clarify? I think---"
}