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{
    "id": 680654,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/680654/?format=api",
    "text_counter": 534,
    "type": "speech",
    "speaker_name": "Hon. Waweru",
    "speaker_title": "",
    "speaker": {
        "id": 1378,
        "legal_name": "Dennis Kariuki Waweru",
        "slug": "dennis-kariuki-waweru"
    },
    "content": "I urge the Ministry to ensure that we protect the sanctity of title deeds. We have had issues in this country and we need to have a proper digitised register. It is about time we looked for ways of ensuring that we sort out the issue of having two or three title deeds for one piece of land. Imagine even financial institutions in this country rely entirely to secure their financing on land. It is important that the Ministry, if it is concerned about the welfare of this country, ensures that we sort out the mess at the Lands Registry, so that even if you are sitting on securities in a financial institution, you are comfortable that the title deeds you hold as securities for credit are genuine. We do not want a situation where people go to the back streets of Nairobi, like River Road, and manufacture title deeds which they use to get money from banks. You will find that most of the banks are holding fake title deeds. If we want people to have confidence and have cheaper credit, we also need to look at the Registry and sort it out once and for all. That can also help in easing the cost of doing business and financial institutions will reduce their risk factor."
}