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"id": 723077,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/723077/?format=api",
"text_counter": 179,
"type": "speech",
"speaker_name": "Hon. F. K. Wanyonyi",
"speaker_title": "",
"speaker": {
"id": 2065,
"legal_name": "Ferdinard Kevin Wanyonyi",
"slug": "ferdinard-kevin-wanyonyi"
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"content": "Hon. Speaker, the Bill will cure the issue of qualifications for directors and officers of SACCOs. Of course, we are talking about qualifications in cases where directors, staff or officers working in some of the SACCOs do not even know what is involved in giving out huge loans. There are cases where a person uses a thumb print to sign because he does not know how to write or read. Once he is convinced that, that is the right thing to do and the transaction is correct, instead of reading the regulations, he is just told that as a director, he can append his finger print on a certain paper. He puts the thumb print and believes he has signed the document and goes away with the money. We had a case like that."
}