21 Feb 2019 in National Assembly:
On a point of order, Hon. Speaker.
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21 Feb 2019 in National Assembly:
Hon. Speaker, the Leader of the Majority Party has mentioned a very important issue, but is he in order to mention that the Chair of the Departmental Committee on Finance and National Planning has failed, when he has brought the law? The issue of implementation of the law does not lie with the Departmental Committee on Finance and National Planning. It lies with the Committee on Implementation, if he is not aware. I respect the Leader of the Majority Party but today, maybe, because of the weight of the matter, he has actually slipped. Therefore, I want to correct that ...
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21 Feb 2019 in National Assembly:
Hon. Speaker, the Leader of the Majority Party has mentioned a very important issue, but is he in order to mention that the Chair of the Departmental Committee on Finance and National Planning has failed, when he has brought the law? The issue of implementation of the law does not lie with the Departmental Committee on Finance and National Planning. It lies with the Committee on Implementation, if he is not aware. I respect the Leader of the Majority Party but today, maybe, because of the weight of the matter, he has actually slipped. Therefore, I want to correct that ...
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21 Feb 2019 in National Assembly:
Thank you, Hon. Speaker, for giving me this opportunity. When I was standing on a point of order, I was only correcting the slip of the tongue of the Leader of the Majority Party. Otherwise, what has been raised by Hon. Junet here is very important. In the last session, that issue was actually resolved by our Committee by amending the law so that whatever CBK is doing is legalised. As we speak, what the CBK Governor has done is to commit an illegality. Even if you take somebody to court now that he has committed some irregularity in the ...
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21 Feb 2019 in National Assembly:
Thank you, Hon. Speaker, for giving me this opportunity. When I was standing on a point of order, I was only correcting the slip of the tongue of the Leader of the Majority Party. Otherwise, what has been raised by Hon. Junet here is very important. In the last session, that issue was actually resolved by our Committee by amending the law so that whatever CBK is doing is legalised. As we speak, what the CBK Governor has done is to commit an illegality. Even if you take somebody to court now that he has committed some irregularity in the ...
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21 Feb 2019 in National Assembly:
We gave the Governor of CBK a second chance to bring those regulations to Parliament to be legalised, but he has failed. Instead, he engages Parliament in cat-and-mouse game. The Committee summoned the Governor of the CBK in the last Session several times to appear before it to address issues touching on the economy, including those regulations. He failed with reasons that he is out of the country. I confirm that we summoned the Governor of CBK to appear before us on 12th February 2019. He failed again. We issued him the last invitation. If he fails to appear before ...
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21 Feb 2019 in National Assembly:
We gave the Governor of CBK a second chance to bring those regulations to Parliament to be legalised, but he has failed. Instead, he engages Parliament in cat-and-mouse game. The Committee summoned the Governor of the CBK in the last Session several times to appear before it to address issues touching on the economy, including those regulations. He failed with reasons that he is out of the country. I confirm that we summoned the Governor of CBK to appear before us on 12th February 2019. He failed again. We issued him the last invitation. If he fails to appear before ...
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21 Feb 2019 in National Assembly:
I confirm to this House that he confirmed that he will appear before us on Tuesday, 26th February 2019. If he does not appear before the Committee, we will take action using the Constitution. I want to tell the CBK that this House has the same powers as a court of law. We will not relent. We will take action. There are issues in banks. People are being harassed. This affects the liquidity in this country and the economy is not growing. Almost 70 per cent of the stalls in town have been closed. People are not accessing money and ...
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21 Feb 2019 in National Assembly:
I confirm to this House that he confirmed that he will appear before us on Tuesday, 26th February 2019. If he does not appear before the Committee, we will take action using the Constitution. I want to tell the CBK that this House has the same powers as a court of law. We will not relent. We will take action. There are issues in banks. People are being harassed. This affects the liquidity in this country and the economy is not growing. Almost 70 per cent of the stalls in town have been closed. People are not accessing money and ...
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21 Feb 2019 in National Assembly:
The worst-case scenario is when you are transferring money from your account to another one. You are harassed again and asked where you got the money from, whom you are paying, give the identification card of the person you are paying and you are transferring the money to your account. It does not make sense. I want to thank the Members of my Committee because they have been very firm. I want to assure this House that my Committee will take serious action. Count on us. If the Governor of CBK fails to appear before our Committee next week, we ...
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