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{
    "id": 864787,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/864787/?format=api",
    "text_counter": 493,
    "type": "speech",
    "speaker_name": "Sen. Farhiya",
    "speaker_title": "",
    "speaker": {
        "id": 13179,
        "legal_name": "Farhiya Ali Haji",
        "slug": "farhiya-ali-haji"
    },
    "content": "Thank you, Madam Temporary Speaker. If you leave it the way it is, you will expose the trustee to undue litigation. If a reserve fund is created though I do not recommend for it to be created but if it is created, then every time a member leaves, it should be redistributed to determine the share of the member who is leaving and he or she should leave with his contribution of the reserve fund. Every Member has commented on Clause 48 but I want to be more specific. Regarding the penalty, Kshs5 million is too little. What if somebody took Kshs100 million? I recommend that anybody who misappropriates funds for this Scheme should pay three times what they took. The suggestion that the imprisonment should not exceed two years is not strong enough and should be adjusted to 10 years. Otherwise, we will have looters finding their home within this Scheme. Thank you, Madam Temporary Speaker."
}