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{
    "id": 685133,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/685133/?format=api",
    "text_counter": 1226,
    "type": "speech",
    "speaker_name": "Hon. (Dr.) Nyikal",
    "speaker_title": "",
    "speaker": {
        "id": 434,
        "legal_name": "James Nyikal",
        "slug": "james-nyikal"
    },
    "content": "Thank you, Hon. Deputy Speaker for giving me an opportunity to contribute to this. I stand to support the Report. It gives a sad story because it points out two of our greatest problems in this country. The miasma of corruption with its spaghetti-like nature is convoluted, contorted and spread everywhere. In this case, it is laced with an incredible level of impunity. Kshs180 million was purposely looted systematically without any care. The Report states that the officer involved had the audacity to even repeat the same statement before the Committee and nothing has happened. Yesterday, Hon. Ng’eno said that the seeds of this level of impunity seem to have been planted in this country in the years of Youth for KANU and it seems to have matured to a level that seems to be sanctioned everywhere, from the top to bottom. We have to do something about this corruption. The second issue is that this affects the youth. They are the most disadvantaged people in our country. They are our potential. We make efforts like setting up the Youth Enterprise Development Fund (YEDF) with the sole purpose of supporting our youth to find ways of helping themselves. We even go on with affirmative action and make sure that the leadership of that organization is the youth themselves. The same thing happens and, once again, our youth are let down. This is a clear case of collusion between the officials. There was collusion between the Chairman, Mr. Odhiambo and the Acting Chief Executive Officer (CEO), Madam Namuye. I cannot exclude the Bank from this collusion and also a Mr. Ngamau who is some unknown accomplice in this matter. The Chairman appointed one person to be the sole signatory of the organisation. How can this happen? All banks in this country are aware that it is never like that. One person cannot be the sole signatory for a whole organisation. Once that happened, Madam Namuye and Mr. Odhiambo went on to violate all the known rules. These include public finance management rules, the directions from the Treasury and the presidential circulars. He forged board minutes and violated all the procurement rules. He terrorized all the officers and staff who would have, The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}