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{
    "id": 99558,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/99558/?format=api",
    "text_counter": 92,
    "type": "speech",
    "speaker_name": "Mrs. Kilimo",
    "speaker_title": "The Assistant Minister for Co-operative Development and Marketing",
    "speaker": {
        "id": 173,
        "legal_name": "Linah Jebii Kilimo",
        "slug": "linah-kilimo"
    },
    "content": " Mr. Speaker, Sir, I beg to reply. (a) The inability of Railway SACCO Society to fully refund members’ dues arose from the non-remittances from the Kenya Railways Corporation of over Kshs1 billion, which accumulated over a long period of time starting in 1998. In addition, the concessionning of the corporation in 2006 led to the retrenchment of staff, which then denied the SACCO contributions from members. This led my Ministry to intervene and broker an agreement between the two parties. The corporation was to settle the arrears of Kshs500 million within 30 months with a down payment of Kshs100 million and subsequently Kshs13 million on a monthly basis. Considerable progress has been achieved in deposit refunds to its members on a first in, first out basis. Out of a total of over 12,000 members originally, only 8,079 members were due for refunds. So far, a total of Kshs102,934,221.95 has been paid out to some 2,494 members since 1998. The balance of 5,585 members will be cleared through the already agreed formula. (b) The society draws its members from all corners of the country, and are registered on the basis of their individual membership. It would, therefore, not be possible to recognize members on the basis of which constituency they come from, as it was not an initial requirement for joining the SACCO. However, the Society has prepared a share refunds schedule for the remaining 5,585 members on a first in, first out basis. The current refund programme ends in August of this year. The schedule for the remaining list of 5,585 members has already been drawn and will cover a refund period of 20 months from August. Mr. Speaker, Sir, I now beg to lay on the Table the list of all the members for the hon. Member to check who are from his constituency."
}