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"id": 960146,
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"type": "speech",
"speaker_name": "Seme, ODM",
"speaker_title": "Hon. (Dr.) James Nyikal",
"speaker": {
"id": 434,
"legal_name": "James Nyikal",
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"content": "we were very uneasy because sometimes there were clear conflicts of interest in the management of investments. The moment you have a conflict of interest in the management, particularly in huge investments like KQ, it will definitely fail. We have experience of business decisions that do not serve the airline. We were talking of leasing of planes. Obviously, these are things that experts must look at so that we can know whether we are overreaching ourselves. Are we overambitious? Is it for political reasons or for business reasons that do not benefit the airline? We know we have had problems of leasing ground transport. So, as we go international to seek markets, we must make our airline to operate in clear and transparent circumstances. Remember, just before the recess, we had a very heated debate where KQ was making a proposal to take over the management of Jomo Kenyatta International Airport. As I said then, and I am saying now, how can an organisation that is having difficulties and losses seek to take over the management of an organisation that is doing well? It did not look right. Eventually, we came to a decision that we create an entity that involves KQ and KAA. Even then, we were not clear on how the debts will be handled. As we go along, we will be very keen to see how that is implemented, so that taxpayers are protected from paying debts of investors who did not invest wisely. With those remarks, I support."
}