John Michuki

All parliamentary appearances

Entries 281 to 290 of 529.

• 6 Aug 2008 in National Assembly: Mr. Deputy Speaker, Sir, obviously, Mr. Okemo has raised several issues. One of them is already dealt with in this Statement, namely, that when the Government decides which institutions are to be privatised, they are then handed over to the Commission to finalise the intended activity of handing over the institution to other shareholders. That I have dealt with here. As to why the Privatisation Act which was passed in 2005 took so long to come to effect, the hon. Member knows that this issue has already been dealt with in this House. It even had to take the Speaker ... view
• 6 Aug 2008 in National Assembly: Mr. Deputy Speaker, Sir, at the risk of repeating myself, could I, please, quote myself? view
• 6 Aug 2008 in National Assembly: Mr. Deputy Speaker, Sir, I said that as required by Section 17(1) of the Privatisation Act, 2005, the Commission has prepared and submitted a privatisation programme to the Treasury to facilitate the required Cabinet approval and subsequent gazettement. Can I be clearer than that? view
• 6 Aug 2008 in National Assembly: Mr. Deputy Speaker, Sir, as soon as this consideration is completed. view
• 6 Aug 2008 in National Assembly: On a point of order, Mr. Deputy Speaker. The hon. Member appears to be angry about something I do not understand. Could he, please, withdraw that word, "notorious" because it is not so. view
• 17 Jul 2008 in National Assembly: Mr. Speaker, Sir, on 20th July, 2008, Mr. Okemo, the Member of Parliament for Nambale Constituency sought a Ministerial Statement from the Minister for Finance regarding the Government initiated-loans of about Kshs20 billion. view
• 17 Jul 2008 in National Assembly: Thank you, Mr. Speaker, Sir, for having educated one of the hon. Members. view
• 17 Jul 2008 in National Assembly: Mr. Speaker, Sir, I was saying that the Government initiated loans of about Kshs20 billion extended by the National Bank of Kenya (NBK). In particular, the hon. Member also wanted to know from the Minister as follows: "Clarify first the issue of why the loans borrowed by private companies and individuals should be paid by the Government. These are companies of people who are known. They have ability to repay." Mr. Speaker, Sir, I wish to put the record straight on the issues raised by providing an appropriate historical context of the subject matter. The NBK started operations in 1968 ... view
• 17 Jul 2008 in National Assembly: to undertake the audit. In their report, Deloitte & Touch noted that as at 31st December, 2006, the total non-performing advances were Kshs58 billion, made up of Kshs20.3 billion Government initiated loans and Kshs37.7 billion commercial loans. 1940 PARLIAMENTARY DEBATES July 17, 2008 Mr. Speaker, Sir, the Government initiated loans were given to public institutions as follows: On 27th September, 1990, the Kenya Meat Commission received an overdraft of Kshs120 million, which was followed by a guarantee of Kshs87 million. The balance as at the end of the year 2006 was Kshs3,753,508,112. On 29th November, 1991, Cyper Enterprises Limited was ... view
• 17 Jul 2008 in National Assembly: Not long, Mr. Speaker, Sir, because I only have two pages to read. view