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"id": 964761,
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"type": "speech",
"speaker_name": "Mvita, ODM",
"speaker_title": "Hon. Abdullswamad Nassir",
"speaker": {
"id": 2433,
"legal_name": "Abdulswamad Sheriff Nassir",
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"content": "Section 54 of the CBK Act, Cap 491 requires the Bank to submit to the CS, National Treasury a report of the Bank’s operations together with the financial statements that have been certified by the Bank’s auditor within three months after the close of each financial year. It is with this in mind that you received a letter from the CS for the National Treasury requesting that this House resolves to extend. However, a point to note is that the letter that the CBK wrote to the National Treasury was dated 30th September 2019, which was literally the deadline for this submission. Thereafter, the National Treasury wrote to Parliament on 24th October 2019. They asked for this extension posthumous. That means they were already past that extension but they requested for this extension. The onus is on you but our job was to resolve on what we should be able to do. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}