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"id": 844907,
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"type": "speech",
"speaker_name": "Kiambu, JP",
"speaker_title": "Hon. Jude Njomo",
"speaker": {
"id": 1784,
"legal_name": "Jude L. Kangethe Njomo",
"slug": "jude-l-kangethe-njomo"
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"content": " My prayer to Members is that they support this amendment so that we have strong banks that do not collapse with customers’ money, and that will support the economy of our country. I would like to cite an example. In Nigeria, when the Nigerian Parliament passed the increment of core capital, Nigeria had over 100 banks, many of which were jua kali banks which were almost collapsing. They were forced to come together and today Nigeria has 10 very strong banks which are not collapsing and are supporting its economy. I want to persuade you to support this so that we have strong banks. I beg to move."
}