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{
    "id": 88931,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/88931/?format=api",
    "text_counter": 104,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Mr. Speaker, Sir, it is very interesting because Harambee SACCO, as many hon. Members have said, is the biggest SACCO in this country. As I said last week, this SACCO, should it collapse, would have a multiplier effect on the economy of this country. It will make people lose confidence in the SACCO movement. The management of Harambee SACCO, I believe, was changed at one time. That time, the SACCO was doing very badly. It was around 2003/2004. It is interesting because, all along, Harambee SACCO’s financial statement has progressively shown improved performance from a negative of Kshs500 million to a positive of almost Kshs1 billion. Could the Attorney-General confirm to us that Harambee SACCO, even with the changed management, is doing very badly as he has said? If that is the case, can we now believe the financial statements that have been coming from Harambee SACCO?"
}