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{
    "id": 720890,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/720890/?format=api",
    "text_counter": 485,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Hon. Temporary Deputy Chairlady, the justification for this is to grant the Agency the operational independency through direct budgetary allocations. The Agency should not share the same budget with the Attorney-General. The agency shall have accounts annually presented to Parliament. The Agency shall submit its report of activities and operations to Parliament. The amendment provides that: (i) Parliament shall, through a separate vote, allocate adequate funds to the Agency to enable it to perform its functions under this Act. (ii) The Agency shall open and maintain such bank accounts as necessary for the exercise or functions of that agency. (iii)All the monies approved by the National Assembly shall be paid from the Consolidated Fund to the Agency’s Bank account. (iv) The Agency shall make a report on its activities and operations during a financial year and submit a report to the Office of the Attorney-General. The Attorney-General shall within 14 days after receipt of the Agency’s Report, submit it to the President and Parliament. The proposed amendments in 54A to 54F will largely strengthen the legal framework and promote effective anti-money laundering strategies. These amendments are establishing the operation and the financial capacity of the Agency as an institution. It will also give some independence to the Agency."
}