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{
    "id": 77973,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/77973/?format=api",
    "text_counter": 367,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "Mr. Temporary Deputy Speaker, Sir, from the evidence presented to the Committee, we are of the opinion that the allegations were perennial. Allegations against mismanagement in Harambee SACCO are as old as the Harambee SACCO itself. As I will point out later on, they have had at least not less than five commissions investigating this particular society at various times. As we sit here, records on some of those investigations between 1968 and 2003 are not known where they could have been kept. Mr. Temporary Deputy Speaker, Sir, subsequently, the Attorney-general was handicapped in proceeding with prosecutions against the would be culprits because of the following: For you to prosecute, you need evidence. Evidence is allegedly to have been taken away by the police. The Committee called for all the evidence that was held by the police, KACC and also by the defunct Kenya Anti Corruption Police Unit. What came was a shock to the Committee. I must say the whistle blowers were very kind to us. There are several allegations that the police took the evidence, but they denied doing so. The KACC and The Ministry of Co-operative Development and Marketing also denied taking the crucial documents. It seems that we were taken round in circles. Mr. Temporary Deputy Speaker, Sir, I want to state that the allegations against Harambee SACCO CMC are grave. For those of you who have a copy of the report, I would like you to peruse through as I read the long menu of the allegations against Harambee SACCO. These involve, to our own estimates, over Kshs1.2 billion. But looking at it like this, one forms a very quick opinion that this matter can be brought to a halt. This matter can be investigated and I will deal with that later on in the report. This matter can be easily concluded if we follow certain guidelines. Mr. Temporary Deputy Speaker, Sir, it is very wrong that the most powerful and the best SACCO we have in this country has been mismanaged this far to an extent that we are now having a menu of 31 allegations against these people. Some of the allegations involve double encashment of cheques. We found it interesting that the whistle blowers themselves have made complaints against KACC. They think KACC is compromised. They have made allegations against Director of CID. They think that he is compromised. They made allegations against their own auditors. They think they have been compromised. They made allegations against the Minister for Co-operative Development and Marketing. They thought he has been compromised. They made allegations against each and everybody who tackled the Harambee SACCO matter. It was very interesting that although we are talking of Kshs1.2 billion embezzlement the auditors do not reflect that kind of loss in their books. They are able to balance the books. As we stand, the liquidity of Harambee SACCO is at Kshs3.5 billion. That is if we are to settle all their debts at once and in one stroke, then we will have a situation where they have Kshs3.5 billion as residue or take home for them. So, it is not about to collapse. Mr. Temporary Deputy Speaker, Sir, I would urge for patience by Members so that I can go through the long list of allegations, so that they can appreciate the difficulties this Committee faced. 1. There were allegations against CMC that they concealed or destroyed vital files required for an inquiry by the Anti Banking Fraud Unit. 2. They irregularly paid honoraria amounting to Kshs8.8 million to Mwaliko Commission of Inquiry who were investigating corruption allegation at the SACCO without approval of the annual delegates meeting (ADM)."
}