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{
    "id": 742842,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/742842/?format=api",
    "text_counter": 232,
    "type": "speech",
    "speaker_name": "Hon. F. K. Wanyonyi",
    "speaker_title": "",
    "speaker": {
        "id": 2065,
        "legal_name": "Ferdinard Kevin Wanyonyi",
        "slug": "ferdinard-kevin-wanyonyi"
    },
    "content": "Thank you very much, Hon. Speaker, for giving me the opportunity. I support this Report. There are too many problems in parastatals and State corporations. First of all, I agree with the recommendations made by the PIC. For example, parastatals alter their budgets. I happen to have been a CEO of two parastatals in this country. In line with the regulations, budgets are approved by the line Ministries or, at least, there is a discussion between the State corporation that is involved and the line Ministry. Apparently, that practice is dead. That is why we have budgets that are not even budgets. I think the CEO, the finance manager and a few other people come up with a budget which they cannot sustain. Therefore, I quite agree that State corporations must have their budgets discussed with line Ministries. The other thing that I have seen here is that of appointment of CEOs. The CEOs are not being appointed competitively. They are appointed either through nepotism or political expedience. Some of these CEOs are not up to the task. They are neither qualified nor exposed. I can tell you that if the trend continues as it is, we will have a lot of problems in parastatals. I have also heard my colleagues talking about appointments of board members. I do not know how a State corporation can operate without board members. The appointing authority is in 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."
}