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{
    "id": 696360,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/696360/?format=api",
    "text_counter": 151,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Thank you, Hon. Speaker. Kenya Airways (KQ) has been performing dismally in the last six years. It has reported cumulative loss of Kshs71.4 billion before tax. Before tax, these losses are broken down as follows: Kshs10.8 billion, Kshs4.8 billion, Kshs29.7 billion and Kshs26.1 billion in 2013, 2014, 2015 and 2016 respectively. This has resulted in the airline being technically insolvent with a negative equity of over Kshs36 billion. As we speak today, there are overdue payments of over Kshs15 billion to creditors and the short-term loan position is currently in excess of Kshs140 billion. The operational mess has been presided over by both the former and the current management of the airline. To demonstrate that, if you graphically---"
}