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{
    "id": 964762,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/964762/?format=api",
    "text_counter": 98,
    "type": "speech",
    "speaker_name": "Mvita, ODM",
    "speaker_title": "Hon. Abdullswamad Nassir",
    "speaker": {
        "id": 2433,
        "legal_name": "Abdulswamad Sheriff Nassir",
        "slug": "abdulswamad-sheriff-nassir"
    },
    "content": "I need to bring to the attention of the House that, in our investigations, there are certain entities that have mandated timelines where they need to have their audited reports presented. One is the CBK, the Capital Markets Authority (CMA), Ethics and Anti-Corruption Commission (EACC), Kenya Power, KenGen and East Africa Portland Cement. KenGen, East Africa Portland Cement and Kenya Power have to do so because of the fact that they are in the Nairobi Stock Exchange. The CMA together with the EACC have a legal basis where there is a timeline. I am not aware neither was it in our jurisdiction, but I thought it wise to bring it to the attention of this House that those two entities need to request for extension of timeline from this House. The other entities in the Nairobi Stock Exchange have already sought for an extension from the CMA. The CMA granted an extension to Kenya Power, KenGen and East Africa Portland Cement. That extension was up to November, but by the time of tabling this Report, that extension was up to November 30th. We are hoping that they are going to extend further considering that we still do not have an Auditor-General. However, Parliament needs to be oblivious of the fact that CMA and EACC should have sought for an extension of timeline to be able to table their reports."
}