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"id": 720729,
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"type": "speech",
"speaker_name": "Hon. (Eng.) Gumbo",
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"speaker": {
"id": 24,
"legal_name": "Nicholas Gumbo",
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"content": "Thank you, Hon. Temporary Deputy Chairlady. This is a good amendment because you realise that, in so far as the Proceeds of Crime and Anti-Money Laundering (Amendment) Bill is concerned, both the regulator, which in this case is the Central Bank of Kenya (CBK) and financial institutions, are actually affected by this law. Therefore, without operational independence, it becomes difficult for the director-general to rein in malpractices that, for instance, may emanate from the regulator. This is a good amendment. I support."
}