Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 928922,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/928922/?format=api",
    "text_counter": 194,
    "type": "speech",
    "speaker_name": "Masinga, WDM-K",
    "speaker_title": "Hon. Joshua Mwalyo",
    "speaker": {
        "id": 13423,
        "legal_name": "Joshua Mbithi Mwalyo",
        "slug": "joshua-mbithi-mwalyo-2"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker, for this chance to give my views. I thank the Mover of the Bill who has enabled us to debate it. To me, it is a good thing that directors have an institute which will regulate them. This is because as it is presently, everybody can become a director anywhere, but when it comes to discipline there is no institute to discipline them. There is no mechanism for that. When this Bill is enacted, it will bring sanity in the boards. Directors will be regulated and they will behave, lest their contracts get terminated. Even directors of private companies should be checked. It should be known what they do. This is because there are many directors who form companies and once they have looted the companies and even members of the society, they close the companies and run away. It is simply because they are neither vetted nor regulated. So, when they run away, they do so forever. Therefore, this institute will check directors the way other institutes, for example, the Institute of Engineers, or the Institute of Architects check their professionals. They normally have annual general meetings to review how their profession is doing. Therefore, it is a very good Bill. I support what Hon. Wamalwa has brought and even the research that he has done. Although there are a few things that need to be ironed out, it is a very good Bill. We should pass it so that we do not have people forming and closing companies at will. They should be checked and regulated by the Government. I support."
}