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{
    "id": 974477,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/974477/?format=api",
    "text_counter": 364,
    "type": "speech",
    "speaker_name": "Sen. Wetangula",
    "speaker_title": "",
    "speaker": {
        "id": 210,
        "legal_name": "Moses Masika Wetangula",
        "slug": "moses-wetangula"
    },
    "content": "I remember a case in the 1980s when I was still a very young lawyer. A very senior man in Government fell out with the Government and he was dismissed. He had a loan with the Agricultural Finance Corporation (AFC), the Kenya Commercial Bank (KCB), and the National Bank of Kenya. These loans were properly processed and he was servicing them without fail, and they were running for a period close to 15 to 20 years. Upon dismissal, he went to his private office one morning and found a foreclosure on all the three loans. He was given seven days to pay the loans in full or be foreclosed. Indeed, they foreclosed him against the provisions of the Banking Act. They auctioned his property and left him to live and eventually die like a church mouse. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}