Martin Otieno Ogindo

All parliamentary appearances

Entries 731 to 740 of 1112.

• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I beg to ask the Deputy Prime Minister and Minister for Finance the following Question by Private Notice. (a) Under what circumstances did the Government cancel the 3-year contract with Ms De La Rue International PLC of UK signed in May 2006 to print 1.71 billion pieces of new generation bank notes at a cost of US $ 51.2 million and what economies have been made out of the cancellation up to March 30, 2011? (b) How many pieces of bank notes were printed between May, 2006 and 30th March, 2011 and how much money ... view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I want to thank the Assistant Minister for his answer, which I think is shallow. This is a very serious issue. The money supply in this country is a macro issue. view
• 21 Apr 2011 in National Assembly: The handling of this contract has got a lot of bearing on the economy of this nation. The contract was cancelled. The first part of my Question was: “What economies is the Government going to make out of the cancellation of that contract?” You realize that the contract which was signed was to give this country a piece of note at Kshs2.00. The present contract is giving this country a piece of note at Kshs4.38. What saving is the Government making by cancelling that contract to go into a more expensive contract? view
• 21 Apr 2011 in National Assembly: On a point of order, Mr. Temporary Deputy Speaker, Sir. Is the Assistant Minister in order to mislead this House that the Government did not engage in a more expensive contract after cancelling the less expensive one? The contract that was cancelled was for printing of 1.7 billion bank notes at a cost Kshs4.1 billion. The same will now be printed at a cost of Kshs6.8 billion, giving a loss of Kshs2.7 billion. view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, you understand that the Assistant Minister was giving his translation of the unit cost of the notes in Sterling Pounds. I must register my disappointment that the Chair has denied me, and fellow hon. Members, the opportunity to interrogate this Question--- view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, there is a lot of interest in this issue. My final question is, the unit cost of a single note from the figure that has been given by the Assistant Minister translates to Kshs3.99 per note. The contract that was cancelled--- view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, this is what I am doing. view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, there is no shortcut to this question. I am explaining the two figures in order to question the difference. view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, if you divide the 1.4 billion pieces by the amount that it costs, Sterling Pounds 40 billion and convert this into Kenya shillings, it translates to Kshs3.99. The contract that was cancelled was giving us Kshs2.01 per note. Could the Assistant Minister clarify how this current contract is cheaper than the other contract? view
• 21 Apr 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, there are a lot of questions on this thing. Give me the final chance, because I cannot ask all of them at once. view