John Mbadi Ng'ong'o

All parliamentary appearances

Entries 6371 to 6380 of 7463.

• 14 Jun 2011 in National Assembly: Madam Temporary Deputy Speaker, more importantly is the provisions of Part VII. I am more concerned about the corporate rescue. That is because in this country, cases of companies which have gone under receivership, I only know of Uchumi Supermarkets which was revived. That is because there was a rescue plan for it. There was a corporate rescue process. Otherwise, all the others have collapsed because we do not have a clear procedure of how, if a company is in financial distress as I said, should be helped to come out of it. I want to just give an example ... view
• 14 Jun 2011 in National Assembly: Madam Temporary Deputy Speaker, we need, as a country, to have laws in place which will help us, in case, companies go through financial distress. How do we get them out? That should be the bottom line. That is what we should be focusing our attention on. The objective should not be just to pay the creditors and wind up the company. The objective should be to fight and see how that company will be helped to get back on its feet again. I can see the Minister pointing at the Attorney-General. When I started, I said that I congratulate ... view
• 14 Jun 2011 in National Assembly: way of helping companies and even individuals. We have individuals who run bankrupt. Suppose hon. Mbadi became bankrupt today? We know the consequences of that. How do we help him come out of it? Do we just condemn him and let him lose his parliamentary seat and that is the end of it? We need to look for ways of helping Kenyans because somebody or a company can get into financial distress for a number of reasons. Madam Temporary Deputy Speaker, I want to conclude my contribution by saying that, at times, there is no clear way of paying the ... view
• 9 Jun 2011 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. The hon. Assistant Minister has just referred to an hon. Member as “G.I”. Could I know who is “G.I” in this House? view
• 9 Jun 2011 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. On 21st April, 2011, I did seek Ministerial Statement from the Deputy Prime Minister and Minister for Finance and there was a ruling which was supposed to come from the Chair. I am worried that we are soon debating Financial Estimates for 2011/2012 where we will be required to approve taxation on Kenyan people. I have a concern with the way the reporting of tax revenue has been going on in this country. I would be reluctant to give that authority until my Statement is brought. I need to be convinced ... view
• 9 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I just want to support quickly by answering Dr. Khalwale. Actually, we have a preliminary Report which I think will be tabled either tomorrow or on Tuesday, depending on the Chair. This issue will recur again and so, the Committee wants to recommend some long-term measures. That is why we need some additional time. view
• 9 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, also on the same point of order that hon. Ogindo has raised, when Motions are put, they can go either way. We will vote for or against it here. I am trying to look at this Motion. Suppose we vote against this Motion, what will that mean to this country? It will mean that the Financial Statement, together with the documents which were tabled here will not be referred to the Budget Committee. Is that going to be the intention of this House? My answer is no. We have a new Constitution in place which, to ... view
• 9 Jun 2011 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. I think your directive is very clear. Your ruling is very clear that we now have to listen only to the speech on policy issues. Therefore, this Motion requires to be amended, because if you look at it, it talks of the Financial Statement and all the other documents. view
• 9 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, if we allow the Motion as it is, we will debate on all the other documents, even without the Minister moving it. We need to amend to this Motion, so that we only restrict ourselves to debate on financial statement as will be presented by the Minister. view
• 9 Jun 2011 in National Assembly: Mr. Deputy Speaker, Sir, I think it is important that we amend this Motion. view