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{
    "id": 724036,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/724036/?format=api",
    "text_counter": 233,
    "type": "speech",
    "speaker_name": "Hon. Wamunyinyi",
    "speaker_title": "",
    "speaker": {
        "id": 291,
        "legal_name": "Athanas Misiko Wafula Wamunyinyi",
        "slug": "athanas-wamunyinyi"
    },
    "content": "Hon. Temporary Deputy Chairman, the amendment we are making will have far reaching implications. I will give an example, which I would like the Leader of the Majority Party to take note of. The Co-operative Bank of Kenya – the bank that most of us do business with – is owned by co-operators. It is not owned by the Government. I do not even think that the Government has controlling shares within Co-operative Bank. This kind of amendment will lock out the Co-operative Bank of Kenya. I agree with my colleagues that we need to look at it again. Are we going to provide limits for borrowing or how do we want to run this? I see that the Leader of the Majority Party wants to bring a further amendment. He should take this concern into account so that we do not end up locking out banks like the Co-operative Bank of Kenya."
}