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{
    "id": 697984,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/697984/?format=api",
    "text_counter": 62,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Fathia",
    "speaker_title": "",
    "speaker": {
        "id": 821,
        "legal_name": "Mahbub Fathia",
        "slug": "mahbub-fathia"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity. I want to thank Hon. David Ochieng for bringing this Bill, which has come at the right time. We have many parastatals in Kenya, majority of which are not making profit. They make losses because of bad governance. This Bill has come at the right time, so that this institution can train directors to be professional. Many parastatals like the Mumias Sugar Company, Uchumi and the National Bank do not even make profit because of lack of commitment. We have CEOs who dictate to the board of directors because the board members do not understand their role. They are used like rubberstamps because they do not know what they are supposed to do. They are supposed to look at the proposals, critique them and give their suggestions and even challenge the CEO, but because they do not understand their role, they are used as rubberstamps. This body should have the right people who are capable, professional and ethical. We have many corrupt people, but there is no institution that can stop them from moving from one institution to another. With this Bill, you must have certain qualifications to be a member of a board in a Government parastatal. This Institute can also be used by private companies and sole proprietors. There are directors who run family businesses, but rarely understand how to carry out business. Kenya Airways has shown a very bad example. Kenyans were very proud of KQ, but today, at the rate it is going down, it is even worrying that a lot of pilots will go to other companies. They are losing a lot of good and experienced staff. It is high time we looked into the issues affecting KQ. Once this institution is set up, it should have the right people with high integrity. We should have directors who can run an organization and not people who are appointed because they belong to a certain tribe or who look at things through the ethnic lens. We must come out of 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."
}