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{
    "id": 810617,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810617/?format=api",
    "text_counter": 165,
    "type": "speech",
    "speaker_name": "Garissa Township, JP",
    "speaker_title": "Hon. Aden Duale",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Clause 8 talks about the administrative aspect of the board of trustees. Members should be aware that one of the key functions of the board in the Bill includes formulation of policies relating to the scheme. The board has a function to ensure efficient management of the Scheme. It must be managed in a free, transparent and efficient manner in accordance with Public Finance Management (PFM) Act and relevant statutes. The board must ensure prudent management of the Fund’s assets and investments. These are savings of workers. They must ensure prudent use of the funds, management of the assets and investments among others."
}