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{
    "id": 768437,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/768437/?format=api",
    "text_counter": 329,
    "type": "speech",
    "speaker_name": "Hon. Mutunga",
    "speaker_title": "",
    "speaker": {
        "id": 13495,
        "legal_name": "John Kanyuithia Mutunga",
        "slug": "john-kanyuithia-mutunga"
    },
    "content": "Thank you for the opportunity to contribute to this amendment, Hon. Temporary Deputy Speaker. I find the amendment quite in order in terms of its contents and context. There are certain provisions I may need to specifically mention within the amendment itself that may need the scrutiny of the House. I am looking at the compostion or the establishment of the investment board. It is a good idea. It is good to have the investment board for purposes of managing public funds and public investments. But, it is better we fully separate the management of the assets from the body doing the business; from the body doing the investments of the assets versus the people who own the assets. If we are able to separate that, I think we will have clear delineation of responsibilities. That will be useful. This separation ensures lack of or removal of biases in the execution of the mandates. If there is no clear separation, the mandate will be cumbersome; there will not be the desired or due clarity in execution of mandate. In terms of all the other amendments, the insertions, the deletions or rather the repeals and the amendments that are proposed within this Bill, I support them."
}