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"id": 743776,
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"type": "speech",
"speaker_name": "Hon. A.B. Duale",
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"id": 15,
"legal_name": "Aden Bare Duale",
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"content": "Why am I introducing New Clause 32A? It provides for creation of a petitioning mechanism arising from the privileges which are bestowed by Clause 32A, which can be settled through arbitration as opposed to court processes. The reason is that court processes may be very slow, expensive and may lock out the necessary expertise. The leading financial markets in the world have institutions that are similar to what we are establishing. The London Financial Centre and the ones in Paris and Dubai have supportive systems of arbitration which are preferred more by many of the investors."
}