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{
    "id": 700653,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/700653/?format=api",
    "text_counter": 165,
    "type": "speech",
    "speaker_name": "Sen. M. Kajwang",
    "speaker_title": "",
    "speaker": {
        "id": 13162,
        "legal_name": "Moses Otieno Kajwang'",
        "slug": "moses-otieno-kajwang"
    },
    "content": "Mr. Temporary Speaker, Sir, when Imperial Bank collapsed, Kshs2.9 billion was locked up in investments. The bank has not been revived. According to the Kenya Deposit Insurance Scheme, the KTDA was offered Kshs1million just like anybody else out of Kshs2.9 billion and this House has previously ventilated on this matter; that you cannot set a Kshs1 million compensation for all depositors irrespective of their amounts. The Kshs2.9 billion held at Imperial Bank is still there. It is not lost, but it is not available to farmers. With regard to the Kshs1.9 billion that was held at Chase Bank, the bank has since re-opened. It is hoped that the KTDA will be able to access this deposit plus the interest and the interest will go directly to farmers. Nonetheless, in 2015 and The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate"
}