Amos Kimunya

All parliamentary appearances

Entries 3331 to 3340 of 6175.

• 4 Oct 2012 in National Assembly: On a point of order, Mr. Temporary Deputy Chairman, Sir. Is the hon. Member contributing in order to insinuate that I do not support “Buy Kenya, Build Kenya” and giving the example of Co-operative Bank, which would be adversely affected by this because Co-operative Bank is not owned by the Government? It is owned by individual co-operators. It would be one of the victims of this proposal because they will be affected by all the money being moved from Co- operative Bank to government banks. Is she in order? Does she understand the implications of what she is actually talking ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, while I sympathize with the situation, when we are legislating, let us be careful that we do not legislate for one thing and cause pain elsewhere. Here, we are basically saying that a statutory manager can be appointed for one year, which is within the law. If not, the CBK or the regulator has to go to court for extension because there are still matters and they have to justify to the court. If they want to stay further, they still have to go to court. If they do not, then the shareholders can go ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, indeed, I was coming to the specific situations. Assume a notorious shareholder of a bank “x”, who has his bank put under statutory management. For it to come out of statutory management, you need to comply with certain regulations by the Central Bank. If you do not satisfy those regulations and mark time waiting for the two years so that the receiver can go, you will have succeeded, using the law, to frustrate the legal requirement for you to comply. This will not necessarily bring any confidence within the banking sector. We are legislating in ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I am a bit lost because this is a fundamental amendment to two laws that are critical to the implementation of the Constitution and have not received the input from the Committee on the implementation of the Constitution. I am not sure that we can be passing these amendments here within the framework of the Finance Act when they have far-reaching implications because we will then be getting ourselves into trouble with the Constitutional Implementation Commission. Since we are now getting into constitutional commissions and then determining what they need to do without consultation with ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I think we need to look at this within the framework of where we are going. Come 15th January, next year, this House will cease to exist until a new House is elected. The Commission on Revenue Allocation will have to make some rules on how the devolved governments will access the money. There will be no House to approve those rules. So, we will be saying that there will be rules that we make but cannot be implemented until a new House is in place. Let us not do some of these things in ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I am sympathetic to this institution but I would urge and I know we will get into problems. I would urge that we withdraw this amendment and bring it within the framework where we will have these consultations on this matter because unfortunately, we are just inviting court action on this matter on the understanding that the process of amending those laws has not been used. I am not sure of what we will gain by having a law that will not have effect because the CIC will obviously be challenging this. I support them ... view
• 4 Oct 2012 in National Assembly: Madam Temporary Deputy Speaker, Sir, I just want to take this opportunity on behalf of the House to thank Mr. Isaac Ruto for the effort he has put in convincing all of us to support this amendment Bill despite the opposition that was there initially; that eventually we all saw the light. I would like to ask that between now and election time, there are still some clauses that we may need to comb with a fine tooth comb as members of this House because we will be responsible for how the first elections under the new Constitution are conducted. ... view
• 4 Oct 2012 in National Assembly: Madam Temporary Deputy Speaker, in the circumstances and given the importance of these electoral rules, not just for this country, I will then propose that we agree with the request by the Minister. You may recall the Speaker had given some indications there was consultation taking place and the Minister has reported. So, in the circumstances, I will also not be moving the Motion of Adjournment as indicated in my earlier report to the House. We will be carrying forward the business that is pending on today’s Order Paper on to Tuesday, which means then that on the Order Paper ... view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, I would really like to urge the House that we look at what we are trying to do; which is to correct something which we should have corrected when we did the correction earlier during the Statutory Miscellaneous (Amendment) Act. The point here is that this is a one-line Bill; nobody can bring amendments except to this one line. Whatever we are trying to say that we postpone so that we can bring amendments, you can only bring it within the view
• 2 Oct 2012 in National Assembly: Mr. Speaker, Sir, indeed, there are several statements that have been pending. We have been trying to allocate time to some of them while on others when the time is available, either the Minister or the Questioner is not here. It is a nightmare trying to manage these things. We will try the best we can to finish them in the next couple of days because that is the most we can do. Probably, we should dedicate one day for these Statements and I will bring everyone who needs to issue a statement. view