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"speaker_name": "Sen. Billow",
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"legal_name": "Billow Adan Kerrow",
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"content": "Mr. Temporary Speaker, Sir, I agree with the Senator that placing such huge amounts of funds in the banks is a major risk; this money could be lost. If Chase Bank did not open its doors, there would not have been a way to get this money. A total of Kshs836 million that belongs to the counties is a huge amount of money. The Controller of Budget and the National Treasury have no powers over the county governments with regard to opening of bank accounts in commercial banks or to superintend over how those accounts are run. It is the responsibility of the Senate to oversight the county assemblies. Mr. Temporary Speaker, Sir, now that we have the list of the 10 counties which have Kshs836 million in the Chase Bank, we will invite them and demand explanation to 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"
}