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{
    "id": 844814,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/844814/?format=api",
    "text_counter": 221,
    "type": "speech",
    "speaker_name": "Suba South, ODM",
    "speaker_title": "Hon. John Mbadi",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": " Thank you, Hon. Temporary Deputy Chairman, much as I may not have a problem with Parliament reigning in on these regulations that come up, banks just come with regulations, things that you ask yourself who gave them the powers to make laws. My concern is why we find it necessary to use the Finance Bill to bring such kinds of amendments. In my view, Finance Bill is supposed to deal with taxes and revenue-raising measures. If it is a matter of administration, Members of Parliament sometimes lack Bills to debate. Why can Members not make amendment to the Banking Act so that we debate and involve public participation because Kenyans probably have a say in how these things need to be conducted. I think this is the amendment proposed by the Chairman of the committee. The best thing to do is to avoid these amendments coming through the Finance Bill. The Committee can generate an Amendment Bill to the Banking Act, we debate it, give it full thought, including those legal issues in the drafting. It can better be dealt with in an Amendment Bill rather than an amendment like the one we have before us. Why do we not just do away with this amendment rather than disturbing our minds? We can engage our minds to other useful things and allow the Committee to go and bring an amendment to the Banking Act."
}