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"id": 862975,
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"type": "speech",
"speaker_name": "Wajir East, WDM-K",
"speaker_title": "Hon. Rashid Kassim",
"speaker": {
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"legal_name": "Rashid Kassim Amin",
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"content": " Thank you, Hon. Temporary Deputy Speaker for giving me an opportunity to contribute and support the Motion of moving the audited reports of State corporations in Kenya. State corporations are State investments. They are supposed to be guided by the Act so that they provide certain guidelines and securities in terms of their financial transactions. Investments which are meant for Kenyans and to support development initiatives in various entities should be done prudently, in regard to the Public Finance Management (PFM) Act and State regulations on financing business corporations. As we adjudicate on this Committee Report, we have realised a number of flaws that have emerged in a number of State corporations. Nonetheless, we have been able to transact 221 of them. We have realised certain flaws. The initial one was the usage of independent auditing firms."
}