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{
    "id": 955010,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/955010/?format=api",
    "text_counter": 194,
    "type": "speech",
    "speaker_name": "Kipkelion East, JP",
    "speaker_title": "Hon. Joseph Limo",
    "speaker": {
        "id": 1915,
        "legal_name": "Joseph Kirui Limo",
        "slug": "joseph-kirui-limo"
    },
    "content": "further progressive amendments which will make accountants more respected and ensure that in future, when accountants retire from employment, they can practise accounting and will be respected the same way lawyers and engineers are respected. At least, there is a role which accountants will play in the economy of the country when transactions are being done. Finally, the Bill is also proposing to amend Section 2 of the Proceeds of Crime and Anti- Money Laundering Act, about which there was a debate in this House and there is a pending Speaker’s ruling. In fact, I confirm that in the stakeholder engagements, the Law Society of Kenya (LSK) was represented and other key lawyers came to present. Therefore, in terms of public participation, we did very well and, indeed, there is no fear that public participation was not done. Therefore, we will leave that particular clause for the Speaker to make his ruling tomorrow. I take this opportunity to thank the Office of the Speaker, the Office of the Clerk, the Office of the Leader of the Majority Party, all the staff of Parliament especially the staff who are working under the secretariat of the Departmental Committee on Finance and National Planning together with the Members of the Departmental Committee on Finance and National Planning for their dedication and support during the processing of this Bill. This Bill takes time to process. It takes at least two months. Therefore, I wish to thank the people who ensured that we were peaceful and comfortable when we were processing this Bill. I urge Members to participate in discussing this important Bill. I confirm that this Bill anticipates to raise Kshs30 billion. With your support, we will raise more than that amount. We have a raft of amendments, some of which will help in consolidating the Government revenue base. At the same time, we want to safeguard the business environment and ensure that this country is attractive to investments. We know very well that a country which has stable and predictable policies and laws is very attractive to investors. No investor would like to come to a country where the law is changed tomorrow without notice. If that is the incentive to bring an investor to the country and you change it, the following day, it is difficult. We urge the Government that any policy which touches on direct investments should be well thought out, given time and analysed to ensure that this country is left to grow in a progressive manner. With those remarks, I beg to move and ask my able Vice-Chair, Hon. Ndirangu, to second the Bill."
}