All parliamentary appearances
Entries 991 to 1000 of 2568.
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23 Jun 2015 in National Assembly:
Hon. Temporary Deputy Speaker, the other issue I would like to raise relates to weak financial positions. I am privileged to have been in the last Parliament where we created very many quasi parastatals. The moment a department is turned into a parastatal, it is left to stand on its own. For the first three years, because they are not prepared to manage that independence and legally functioning institution, they throw all the rules out of the window. If you visit them, they tell you that those are some of their teething problems, they were struggling and they are new, ...
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23 Jun 2015 in National Assembly:
Hon. Temporary Deputy Speaker, the other issue I would like to raise relates to weak financial positions. I am privileged to have been in the last Parliament where we created very many quasi parastatals. The moment a department is turned into a parastatal, it is left to stand on its own. For the first three years, because they are not prepared to manage that independence and legally functioning institution, they throw all the rules out of the window. If you visit them, they tell you that those are some of their teething problems, they were struggling and they are new, ...
view
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23 Jun 2015 in National Assembly:
The other bit that we have noted which the Auditor-General has also raised is the issue of investments in non-performing organizations. Some institutions with sound financial bases have used this trick and have invested in weak private institutions. If you look at the history of almost all the collapsed banks, you will realise that there are billions of shillings belonging to taxpayers that have been invested in those organisations, not because of the desire to generate value for money or profit for them, but because of the desire to serve the interest of the cartels and those who have been ...
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23 Jun 2015 in National Assembly:
The other bit that we have noted which the Auditor-General has also raised is the issue of investments in non-performing organizations. Some institutions with sound financial bases have used this trick and have invested in weak private institutions. If you look at the history of almost all the collapsed banks, you will realise that there are billions of shillings belonging to taxpayers that have been invested in those organisations, not because of the desire to generate value for money or profit for them, but because of the desire to serve the interest of the cartels and those who have been ...
view
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23 Jun 2015 in National Assembly:
Hon. Temporary Deputy Speaker, another issue we realised is the non-payment of statutory deductions which are mandatory. These include NSSF deductions, retirement and medical benefits. Once your employer does not make proper returns of these statutory deductions and you retire, you are told that your employer has not submitted those amounts. Where do you go? You have been working in the public service or in a State corporation for over 60 years but when your time to retire comes and you go to the NSSF, you are told that your former employer has not been submitting the deductions. We are ...
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23 Jun 2015 in National Assembly:
Hon. Temporary Deputy Speaker, another issue we realised is the non-payment of statutory deductions which are mandatory. These include NSSF deductions, retirement and medical benefits. Once your employer does not make proper returns of these statutory deductions and you retire, you are told that your employer has not submitted those amounts. Where do you go? You have been working in the public service or in a State corporation for over 60 years but when your time to retire comes and you go to the NSSF, you are told that your former employer has not been submitting the deductions. We are ...
view
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23 Jun 2015 in National Assembly:
in such an organisation? We have allocated this organization a lot of money, year in year out, but it has not taken off. The reason is that even the management knows that the organisation and its location belong to somebody else. It is time to carry out a national audit of all the pieces of land illegally allocated to some of these individuals and repossess them so that the 40 million taxpayers can benefit from these pieces of land instead of these individuals. The other matter is about ownership. The ownership of some of these corporations is doubtful. On the ...
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23 Jun 2015 in National Assembly:
in such an organisation? We have allocated this organization a lot of money, year in year out, but it has not taken off. The reason is that even the management knows that the organisation and its location belong to somebody else. It is time to carry out a national audit of all the pieces of land illegally allocated to some of these individuals and repossess them so that the 40 million taxpayers can benefit from these pieces of land instead of these individuals. The other matter is about ownership. The ownership of some of these corporations is doubtful. On the ...
view
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23 Jun 2015 in National Assembly:
services of an auditor, an audit firm applies, goes through the tendering process and we award them the contract, will such auditors have the audacity to question their employer? That is why the auditing of these entities must return to the Office of the Auditor-General. Currently, the Office of the Auditor-General has the institutional capacity required to do the job. It also has the human resource that is required to do the job. Therefore, they must audit these institutions. We said that we will no longer look at any report generated by an externally- sourced auditor. The accounts of these ...
view
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23 Jun 2015 in National Assembly:
services of an auditor, an audit firm applies, goes through the tendering process and we award them the contract, will such auditors have the audacity to question their employer? That is why the auditing of these entities must return to the Office of the Auditor-General. Currently, the Office of the Auditor-General has the institutional capacity required to do the job. It also has the human resource that is required to do the job. Therefore, they must audit these institutions. We said that we will no longer look at any report generated by an externally- sourced auditor. The accounts of these ...
view