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{
    "id": 697986,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/697986/?format=api",
    "text_counter": 64,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Muhia",
    "speaker_title": "",
    "speaker": {
        "id": 968,
        "legal_name": "Wanjiku Muhia",
        "slug": "wanjiku-muhia"
    },
    "content": "Thank you very much, Hon. Temporary Deputy Speaker, for giving me this moment to speak about this very timely Bill. I know Hon. Ochieng is a great contributor and sponsor of several Bills. Today, Kenyans have one question. We are informed that some years back, we were economically at the same level with Singapore. What happened and what continues to happen only requires such framework to make us dream to ever be there. This Bill can be used to cure corruption in this country. The country has endeavoured to cure corruption, but it has become a nightmare. This is a very good Bill that the country can ride on in order to get to zero-tolerance to corruption. A CEO is the vision-carrier of any company or parastatal. In Kenya, we have all these examples Members have mentioned. When we look at boards of directors, we are left with several questions. Someone once wrote that a CEO can be competent, but not credible and a CEO can be credible, but not competent. The question is whether we have CEOs who are not competent or CEOs who are not credible. We can get answers from the existing companies. A bank like Equity has continued to excel while banks owned by the Government continue to be bailed out day in, day out. These can be referred to as CEOs who may be competent, but deliberately driving these companies down. The issue of training is good although not really the cure. I want to draw the attention of Members that capacity building is necessary and that we need to invest in it. I want to draw their attention specifically to Kenya Airways (KQ). When a Chief Executive Officer (CEO) or a board of directors sit down and make a wrong Memorandum of Understanding (MoU) with another company, for instance, KLM ---"
}