Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 742773,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/742773/?format=api",
    "text_counter": 163,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Thank you, Hon. Speaker. I was talking of public finance regulations, public procurement and asset disposal legislation, public procurement regulations, international public sector accounting standards and international financial reporting standards relevant to the commercial State corporations. The Committee was also guided by the mandate and the strategic objectives of each of the State corporations. The following is a summary of the Committee’s general observations and recommendations as per the findings of the audited financial statements of the 41 State corporations whose accounts we have had an opportunity to interrogate. The first thing that we noted is non-remittances of statutory deductions. The Committee observed with a lot of concern that some State corporations were not remitting statutory deductions such as PAYE, NSSF, NHIF and SACCO deductions. We realised that, that has become a trend for so many parastatals and State corporations to the extent that it has caused challenges to those institutions that are expected to implement how those statutory deductions are utilised. A notorious one is the Coast Water Services Board (CWSB), which failed to remit statutory and other deductions totalling Kshs48,414,090 and Kshs122,792,740 to the Paymaster General and Ukulima SACCO, respectively. We realised that this was a big challenge and, The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}