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{
    "id": 77593,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/77593/?format=api",
    "text_counter": 326,
    "type": "speech",
    "speaker_name": "Mr. Njuguna",
    "speaker_title": "",
    "speaker": {
        "id": 20,
        "legal_name": "Peter Njuguna Gitau",
        "slug": "peter-gitau"
    },
    "content": "Thank you, Mr. Temporary Deputy Speaker, Sir. I also rise to very strongly support this report that has been submitted to this House. On the onset, let me thank the Chairman for the manner in which he has presented this Report to the House. I also extend the same appreciation to the membership of the Committee who really assisted the Chairman to generate this Report. In addition, I wish to thank all the people who assisted in the formation of this Report. For instance, I wish to thank the Director of the CID and the Director of KACC and the Minster for Co-operatives and Marketing. Without whose contributions, this Report would not have been complete. I note with some excitement that the agony the Minister underwent during that critical period has been cleansed through this investigation. He is now enabled to continue enjoying his integrity and dignity which he suffered then. Mr. Temporary Deputy Speaker, Sir, let me also thank the entire Committee for the commitment and sacrifice they have shown in investigating the 31 allegations they were mandated to look into. One of the allegations that came to their attention was the alleged misappropriation of Kshs724 million. To my delight, it is only Kshs23 million that has been found to have been misappropriated. This Kshs23 million should not be allowed to disappear without a thorough investigation into why it has disappeared. This is money that has been contributed by very innocent small contributors. Therefore, a thorough investigation must be executed to unearth the culprits who have misappropriated this money. The contributors of this SACCO enjoy their right by getting small loans to educate their sons and daughters and even to put up some houses. Therefore, the loss of this Kshs23 million must be investigated thoroughly and the culprits arrested and prosecuted. We want this giant SACCO, which is the biggest in the African Continent, to be a role model in our country. For it to be a model society, its transparent and accountable systems must be set right. I have noted that SACCOs have played a pivotal role in enhancing the quality of lives for our people, but it is still fresh in our memories that recently, we had the pyramid schemes, which were being executed by mischievous characters in our society. As a result, people have lost their lives, livelihoods and even committed suicide. I am calling upon the Minister to execute his responsibility, in the"
}