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{
    "id": 982033,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/982033/?format=api",
    "text_counter": 434,
    "type": "speech",
    "speaker_name": "Sen. (Prof.) Ongeri",
    "speaker_title": "",
    "speaker": {
        "id": 124,
        "legal_name": "Samson Kegeo Ongeri",
        "slug": "samson-ongeri"
    },
    "content": "Therefore, there are qualifications that are attendant to this kind of arrangement. When you appear to take a job, one of the conditions is the financial status and solvency of that person, because you do not want masqueraders to come around and say that they are experts in this, only that they want to get an opportunity to steal people’s money or savings. These people must have very credible credentials; academic credentials and qualifications along those lines. They must also have the status of any license or approval granted to the person by any financial sector regulations that when they make regulations, they can easily pass the test of time. Therefore, this particular amendment is able to insulate SACCO members from being defrauded. I like this inclusion; the ability of the person to carry on the regulated activity competently. We do not want people who can just come in and watch the balance. When the balance is fat, they just run away and cart away the money without much ado."
}