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{
    "id": 844789,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/844789/?format=api",
    "text_counter": 196,
    "type": "speech",
    "speaker_name": "Mandera North, JP",
    "speaker_title": "Major (Rtd) Bashir S. Abdullaih",
    "speaker": {
        "id": 13417,
        "legal_name": "Bashir Sheikh Abdullah",
        "slug": "bashir-sheikh-abdullah"
    },
    "content": " Thank you, Hon. Temporary Deputy Chairman. The clause says that the Central Bank may prescribe in regulations, conditions on deposits or withdrawals by customers in banks and financial institutions. To me, this is ambiguous. What are these regulations and conditions? Are we giving the Central Bank a blanket cheque to decide whatever they want to do to Kenyans? The Mover has said that Kenyans have told them that they are asked unnecessary questions, filling in forms and many things by banks. Where are those regulations and conditions for us to go through them so that we know whether they are in tandem with the general public? We are now told that the Central Bank will prescribe conditions on how to withdraw and deposit. Where are these conditions and prescriptions? We need to be told so that, as a House, we go through them and not give a blanket cheque to the Central Bank to decide on matters banking and other things that touches on the lives of innocent Kenyans."
}