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{
    "id": 681742,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/681742/?format=api",
    "text_counter": 516,
    "type": "speech",
    "speaker_name": "Hon. Gikaria",
    "speaker_title": "",
    "speaker": {
        "id": 2489,
        "legal_name": "David Gikaria",
        "slug": "david-gikaria"
    },
    "content": "As we create more institutions, it is important that we do not create for the sake of it. We need to ask ourselves, as Parliamentarians, whether hefty fines are going to give us the results that we want or they are just going to enhance the bribes that these people are asking for. If we put a huge fine or penalty, will it result to better services and people wanting to avoid the practice or will it just lead to people asking for more bribes? We need to have thorough vetting as has been said. You can see what is happening at the EACC. Just the other day, we were talking about the NYS money and the same EACC Chair is alleged to have received some money. Soon, just like our brother, Ngunyi Mutahi, he will say, “I will refund”. Is that what we want? We must be very careful with what we are doing. I totally agree with the fines that have been proposed to try and stop this, but caution has been given of seven days to explain. It is also important for us to ensure that those who do clean business are not harassed. The Governor of the CBK needs to put some restrictions that you have to indicate where you have got your money from. If you are withdrawing, you have to indicate where you are taking the money. People are now putting their money in their houses. This is a better measure. If you have Kshs20 million in your house and you have a house help, we should ask the house help to be very thorough. If you get that kind of money, pick some. If your house help picks a few shillings from your mattress account, where will you go? You have to come and tell us about the money. These people will not come and say that. So, we are asking house helps, wherever they are, if you get a lot of money in your employer’s house, just help yourself so that you stop the boss from keeping his money in the house. At the same time, we need to be very careful, so that we do not allow people to keep money underneath their mattresses. Regarding delinking FRC from the CBK, it might bring some challenges. The CBK is the overseer of commercial banks. If we are not careful, these people may not have enough teeth unless an amendment is done to the law and they can get information. We must be very careful not to deny them the opportunity to access information. Delinking them from CBK might bring some challenges. With those few remarks, I support the amendments."
}