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{
    "id": 863352,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/863352/?format=api",
    "text_counter": 230,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr.) Wilberforce Oundo",
    "speaker": {
        "id": 13331,
        "legal_name": "Wilberforce Ojiambo Oundo",
        "slug": "wilberforce-ojiambo-oundo-2"
    },
    "content": "same. The original Cooperative Societies Act and Sacco Societies Act provide that any appeal arising out of a decision to revoke the licence of a SACCO must lie with the Cabinet Secretary. It seems there was a typo during the drafting of the SACCO societies Act. Therefore, this particular Bill seeks to correct that typo to remove the word “tribunal” and insert the word “Cabinet Secretary.” As I conclude my submission, it is my plea to all managers and directors of SACCOs to take extra care to protect the funds of Kenyans, who work hard and invest in SACCOs without reservation. I am aware of quite a number of SACCOs currently that have financial strains as a result of failure by employers to remit members’ contributions to those SACCOs. Probably, this is not the appropriate forum to name them but as we go along, we need to tighten the law to make it extremely expensive for any employer to refuse to remit monthly deductions of employees to their SACCOs. The issue at hand is the attempt to mutilate the cooperative movement and interfere with it. That is why we hope the miscellaneous amendments that touch on the cooperative societies will be dealt with accordingly at the right time. With those few remarks, I support the Bill."
}