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{
    "id": 696362,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/696362/?format=api",
    "text_counter": 153,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Hon. Speaker, the great ladies of Kiambu and Baringo should lower their voices. Look at the Memorandum of Understanding (MoU) between KLM and KQ graphically. The KLM is owned by Air France. Substantially, the major shareholder of Air France is Lafarge company. Lafarge’s presence in Kenya is in Bamburi Cement and East African Portland. The people who represent Bamburi Cement and East African Portland on behalf of Lafarge are Titus Naikuni and Mr. Ngunze. There is a serious relationship in the whole MoU between KLM and KQ from the shareholding of KLM by Air France. Seventy per cent of Air France is substantially owned by Lafarge. How did Naikuni become the Chief Executive Officer (CEO) of KQ and at the same time sit on the Board of Bamburi and East African Portland on behalf of the shareholders of Lafarge? This is something that Kenyans did not anticipate. As we dissect the problem facing KQ, we must put the individuals and the companies that were behind the sorry state of KQ in their place. The problem of KQ currently and over the last few years has been revenue. Its performance has significantly been behind the company’s target. By March, 2015, the shortfall for passenger revenue was in excess of Kshs50 billion resulting in the reported loss of Kshs29 billion. Seventy per cent of the fare being transacted was below the fare passengers were paying. Last weekend, I flew from Nairobi to Mombasa on Business Class and I paid Kshs53,000. We were four Members of Parliament. That is the price that a Kenyan who is going for medication in Bombay can pay. That fare will take you to Istanbul. If you get your ticket in advance, that amount of money can take you to London. Globally, if you fly from London to Paris, an hour’s flight, you will pay US$50. In Kenya, you will pay US$600 to fly from Mombasa to Nairobi or from Nairobi to Kisumu. There was a syndicate that was dealing with fares. Fares for all KQ routes were determined by the 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."
}