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{
    "id": 850220,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/850220/?format=api",
    "text_counter": 525,
    "type": "speech",
    "speaker_name": "Gatanga, JP",
    "speaker_title": "Hon. Joseph Nduati",
    "speaker": {
        "id": 13338,
        "legal_name": "Joseph Nduati Ngugi",
        "slug": "joseph-nduati-ngugi-2"
    },
    "content": " Thank you very much, Hon. Temporary Deputy Speaker for giving me an opportunity to contribute. From the outset, I am a Member of that Committee. Many remarks have been made. I also support the Bill. It will protect our people. As most Kenyans have realised, there are many SACCOs which have been started all over Kenya in our rural areas and markets in very nicely erected buildings. Kenyans have rushed there to take their money. With this Bill, Kenyans will be protected. It is also a nice Bill because we will now be able to distinguish between ordinary SACCOs, matatu SACCOs, PSV SACCOs and many mushrooming land-buying companies which have fleeced Kenyans all over by forming companies in the morning and closing them in the evening. It is also good that this Bill has made a provision to regulate the way this business will be licensed. A criterion has been set for the appointment of directors so that when those directors mess up one company, they do not run to another one."
}