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"id": 904304,
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"type": "speech",
"speaker_name": "Sen. Mwaura",
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"speaker": {
"id": 13129,
"legal_name": "Isaac Maigua Mwaura",
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"content": "Thank you, Mr. Speaker, Sir. Picking up from where Sen. Sakaja has left, this new way of lending money and raking in huge profits is something that the world is grappling with. Last week, I was privileged to hear a similar conversation with the head of Intec from the Bank of Hong Kong. They have power to regulate these non-traditional banking systems. They also monitor, not just the mobile money transfer and lending, but also online payments. This is the only way they are able to properly regulate and protect their people from exploitation."
}