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"id": 88892,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/88892/?format=api",
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"type": "speech",
"speaker_name": "Mr. Wako",
"speaker_title": "The Attorney-General",
"speaker": {
"id": 208,
"legal_name": "Sylvester Wakoli Bifwoli",
"slug": "wakoli-bifwoli"
},
"content": "Mr. Speaker, Sir, it is obvious that hon. Ojode was not fully briefed on what subsequently transpired after the said letter from the police was received in my office. I wish, therefore, to state as follows in regard to the matter: 1. It is, indeed, true that the CID had initially, vide the said letter, forwarded the inquiry file to my office for perusal and directions. This was the first time the CID forwarded the file to my office. 2. The letter of the CID forwarding the file to my office contained five allegations regarding the alleged misappropriation of funds at the said SACCO. These are irregular granting of loans to SACCO management amounting to Kshs724,068,864. 3. Default in repayment of the said loans. 4. Advances referred to as IOU to SACCO management amounting to Kshs67,0200,000 5. Fraudulent transfers of funds from other cashiers to none existing cashier; and 6. Overstated during the Annual General Meeting. I need to emphasize this: It was the first letter received by my office. The recommendation of the CID was that no offence had been disclosed against any of the suspects in the alleged fraud. In essence, they were recommending that I accept closing the file."
}