Aden Bare Duale

All parliamentary appearances

Entries 8361 to 8370 of 17810.

• 21 Feb 2017 in National Assembly: Hon. Speaker, the Bill further expands the current credit information sharing mechanism to include SACCO societies with other licensed financial institutions. What again are we doing in this Bill? There are a lot of resources and money flowing within the SACCO industry. Billions of shillings are transacted within co-operatives and SACCOS. Because we have a new law that deals with this, we also want to bring on board and expand the current credit information sharing between all the commercial and financial institutions. We want to know the money that goes through co-operatives. We have the Anti- Money Laundering and Proceeds ... view
• 21 Feb 2017 in National Assembly: In amending the SACCO Societies Act, this Bill provides for something called deposit- taking SACCOs. It is only dealing with those SACCOs that do deposit taking. There are many SACCOs, like the coffee SACCOs. They might have other functions but, this one is only amending the Deposit-Taking SACCOs. It gives them a new name that distinguishes them from other co-operatives, particularly non-profit making SACCOs. Non-profit making SACCOs are not within this legal framework. So, it will give legal restrictions. It will give certain legal limitations to the usage of this unique identity for deposit-taking SACCOs. What is the intent? What ... view
• 21 Feb 2017 in National Assembly: the closure of that bank. The Imperial Bank--- I think this House is under obligation to go further and amend the necessary legislation so that, like in the developed world, we can protect the savings of each and every depositor. That is the role of this House. The regulator is under obligation to impose minimum standards, both on the directors and senior management of any SACCO as prescribed in the Bill. The standards include mandatory continuous or minimum professional development course given to the senior managers, training, certification that each director or an officer must undertake before he is eligible ... view
• 21 Feb 2017 in National Assembly: Hon. Speaker, the President of the Republic of Kenya has been discussed not once, not twice, not ten times. I can substantiate that the current Governor of CBK does not have an account with any bank. If you have any information contrary to that, then you can produce it. view
• 21 Feb 2017 in National Assembly: Hon. Speaker, there is nothing out of order as far as I am concerned. The Governor of the Central Bank of Kenya (CBK) does not have a current or savings account. If you have any information that is contrary to that, you can bring it forward. I am on the HANSARD record as having said that. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 21 Feb 2017 in National Assembly: I agree with you, Hon. Speaker. When the Governor was being interviewed by the Departmental Committee on Finance, Planning and Trade – and the Chair is here and he can attest to that fact as it is on HANSARD – he said that he did not have a savings or current bank account. When Kenyans seeking appointment to hold public offices are subjected to vetting by this House, we should avoid the culture of Members saying that so and so is from my constituency, community or religion because that is not the way this House should be run. If each ... view
• 21 Feb 2017 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I want to condole with the many Kenyans who have been affected by the conflict in Baringo, Marakwet, Samburu and Turkana counties. Let us call a spade a spade. Leadership plays a very important role in bringing peace, harmony and ensuring coexistence among communities. Leaders play a very big role in inciting their communities against other communities, or in bringing peace. Let us not use the Floor of this House just for talk show purposes. As leaders, we should go to the ground and sit with all the stakeholders. In my constituency, 148 innocent ... view
• 21 Feb 2017 in National Assembly: I have been in this House for eight years now and there are Members of Parliament who want to win the next election through conflicts. They are there. You become a populist and people will say this is the right guy. There are even some who can buy arms for their people, so that they can win elections. Kenya is bigger than all of us. A life lost in West Pokot, Mombasa, Marakwet and Garissa is as important as any other life. Let us not just say things for the sake of it. The Pokot, Marakwet and Turkana leadership needs ... view
• 21 Feb 2017 in National Assembly: The former Cabinet Secretary (CS) ole Lenku, Kimaiyo and company were sent home because Kenya was insecure under their leadership. In this country, nobody is indispensable. The new team has secured a greater part of Kenya. Let us be very honest. With the coming of Hon. Nkaissery and the new IG, Kenya is more secure. But Kenya is not secure when it comes to Pokot, Baringo, Turkana and Samburu. The problem is the leadership, whether you call yourself a governor, senator or Member of Parliament. You cannot allow your people to die and then you come to blame Uhuru Kenyatta. view
• 21 Feb 2017 in National Assembly: If you want to play politics with the name of the President and the Deputy President, wait for 8th August 2017 and we will deal with you and win elections. William Ruto will be the Deputy President and Uhuru Kenyatta will be the President. view