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{
    "id": 683587,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/683587/?format=api",
    "text_counter": 287,
    "type": "speech",
    "speaker_name": "Hon. Kipyegon",
    "speaker_title": "",
    "speaker": {
        "id": 1453,
        "legal_name": "Johana Ngeno Kipyegon",
        "slug": "johana-ngeno-kipyegon"
    },
    "content": "Before I make my contribution to the Report by our Committee, I want to congratulate our brothers and sisters who are in Rio, especially at this very minute when Kipruto has managed to get our country a gold medal. Unfortunately, we came in third through our great steeple- chaser, Mr. Kemboi. I also want to congratulate many other Kenyans who are in Olympics despite the challenges they are facing. I thank them for making us proud. People have been complaining that there are over 30 former Kenyans who are participating in the Olympics for other countries, especially Chebet, who denied us a gold medal over Bahrain. The reason most of our athletes leave our country is poor management and the meagre amounts of money we give them when they win compared with the money they are given by other countries. We need to do something to retain our athletes and motivate them, so that whenever they participate, they do it as patriots. I want to delve into the Report of PIC on the issue of the YEDF. We all know this Fund was created because of many other reasons apart from unemployment. The drafters of the Act which created the Fund wanted to ensure that the youth of this country are kept busy, feel they belong to this country and participate in economic activities. Many youths in this country go through a lot of issues and one of them is unemployment. Most of the youth are unemployed. Despite completing university or college, they still cannot find employment. Secondly, many youths cannot access education because their families cannot afford to take them to university. These are the people the creation of this Fund was meant to take care of so that they can also participate in economic activities and have a means of living. The creation of the YEDF, WEDF and Uwezo Fund was meant to equalise the sections of society which have never had opportunity to participate in economic activities in the country. The creation of the NYS by the retired President Daniel arap Moi was meant to give the youth an opportunity to participate in activities outside offices and give them leverage so that they could also do business and work, which they could not have done without going to university. Unfortunately, these are the areas which have been very vulnerable to those who are hell- bent on making this country a corrupt State. Many people have been targeting these areas. I do not know if it is because the regulations are not so tight or it is because people who created these Funds knew that it would be so easy to take money from them. It is very absurd that even after knowing that this money was meant to elevate our youth who are idle in the villages and cities, we still follow that money and ensure that it never goes to the right people. As a Member of PIC, I was appalled and perturbed by how people dip their hands into these coffers. You wonder how even a credible bank then like Chase Bank, would allow such activities and transactions to take place at their branches without adhering to regulations. Chief Executive Officers, who are supposed to be caretakers of these Funds, are the ones who prey on this money. You can also imagine the chair of the board being part of the looters despite the fact that he is a youth."
}