John Michuki

All parliamentary appearances

Entries 161 to 170 of 529.

• 20 Jan 2009 in National Assembly: THAT, pursuant to the provisions of Section 5(2) of the Loans (Guarantee) Act, (Cap. 461, Laws of Kenya); this House approves Sessional Paper No.1 of 2009 on the Kenya Government Guarantee of a loan of US$100 million equivalent to Kshs7.9 billion through the United States of America Department of Agriculture to the National Cereals and Produce Board. view
• 11 Dec 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, this Bill, which is now before the House, was cheperoned by professional institutions like the Institute of Certified Public Accountants of Kenya (CPA), the Kenya Accountants and Secretaries National Examinations Board (KASNEB), and the Institute of Certified Public Secretaries of Kenya (CPS) who have not sought any amendment whatsoever. This is how they want their institutions regulated. The Minister is to come in because there is that wider interest beyond these institution. The institutions have assets owned by the public, and some of the assets must be safeguarded. That is why before the final decision ... view
• 11 Dec 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I avoided going wider into these issues. In all seriousness, right now, the whole world is in financial turmoil. Now, we have what we refer to as Global Financial Crisis. The reason we have this is because there were people like Mr. Koech who were saying, "we do not want any regulation. We do not want any surveillance. We do not want authorities to do this." In fact, as a result, my estimate is that US$2 trillion have been put into the financial world and the stock exchanges all over the world, but the problem ... view
• 11 Dec 2008 in National Assembly: Therefore, I am trying to say that it is because of this so highly liberalised way of taking care of other people that has caused such expensive fiascos which cannot go and whose heat has not reached us as yet. I still would like to request the proposer of this amendment, in the wider interest, which is public interest, that this amendment is not allowed to pass. view
• 11 Dec 2008 in National Assembly: 4080 PARLIAMENTARY DEBATES December 11, 2008 view
• 11 Dec 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, this amendment must be opposed because it is based on the wrong premises. December 11, 2008 PARLIAMENTARY DEBATES 4081 The Council is there to set the policy, co-ordinate international practices all over the world and even refer to documents which the hon. Member is making reference to. It is there to make policy. It is also there to set the qualifications. It could say: "All those who want to be accountants in Kenya, they should have this or that qualification". That is the Council making and laying down the basis under which accountants will be ... view
• 11 Dec 2008 in National Assembly: So, Mr. Temporary Deputy Chairman, Sir, those are two different institutions with different mandates and yet, they perform very important functions in terms of regulating and registering the accountants in Kenya. Now, the proposal by the hon. Member is to lump those two bodies together. The Council, the policy and the executors of that policy cannot be put in the same kind of category because they have different functions. It is the checks and balances that are required here by separating the functions in the way it is done in this Bill. view
• 11 Dec 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, those who are practitioners have supported this Bill. That is why they have not lobbied anybody or even raised any issue with the Ministry that is sponsoring this Bill. That is not to say, like hon. Koech was saying, that you cannot raise these matters here. You are free to do so! But I think we must do so and also reflect and respect the views of the people who are going to actually either benefit or suffer from the laws that we pass here. view
• 11 Dec 2008 in National Assembly: Thank you, Mr. Temporary Deputy Chairman, Sir. I beg to oppose the amendment. view
• 11 Dec 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move that the Committee doth report to the House its consideration December 11, 2008 PARLIAMENTARY DEBATES 4083 of The Accountants Bill and its approval thereof without amendments. view