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{
    "id": 97622,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/97622/?format=api",
    "text_counter": 14,
    "type": "speech",
    "speaker_name": "Mr. Ethuro",
    "speaker_title": "",
    "speaker": {
        "id": 158,
        "legal_name": "Ekwee David Ethuro",
        "slug": "ekwee-ethuro"
    },
    "content": "Mr. Speaker, Sir, I rise under Standing Order No. 208. I wish to make comments on the petition made by Mr. C. Kilonzo. If you look at the HANSARD copy of what the Minister stated at that time, it says: “The reason I appointed the Statutory Manager was purely to protect a run on the bank and to safeguard the customers’ deposits.” He went further to assert; “The faster we do that, the better.” The petitioner has said that from 23rd June, 2006, up to date, no action has taken place. The Departmental Committee on Finance, Planning and Trade whose chairman then was the current Assistant Minister for Finance, tabled a Report in this House on 12th October, 2006 on the same matter. In that Report, they recommended that the Bank must be re-opened immediately. Why has the Minister not acted on the recommendations of the House and on their recommendations? The Committee was also informed that there was a court order to the same effect and they even had a copy of that court order. Again, why did the Minister not act on those documents?"
}