Moses Masika Wetangula

All parliamentary appearances

Entries 3391 to 3400 of 6535.

• 21 Apr 2016 in Senate: Mr. Deputy Speaker, Sir, before I come to that point, Sen. Haji asked about half-an-acre of land vis-à-vis Kshs10,000. All over the farming areas of Kenya today, you can hardly get an acre of land costing Kshs400,000. With Kshs400,000, you will only buy half-an-acre or so and you are a victim who was evicted from a developed 50 acres that you owned and you cannot go back to your land or access it. I also join you that we do not trivialize this very critical issue. I do not ask many questions in this House. The reason I brought this ... view
• 21 Apr 2016 in Senate: Mr. Deputy Speaker, Sir, I want to join my brother in thanking the House for the sacrifice that we have made for the country in relation to this Bill. I also want to laud the leadership across the Floor for ensuring that this Bill comes to the Senate for its input. In their usual disregard for this House, our colleagues in the “lower” House passed this Bill and were rushing it to the President for assent without passing it to this House. We hope that these developments will help in thawing the relationship between the two Houses, so that we ... view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, this is an embarrassingly inadequate answer. The Chairman of the Committee that I sit in has given an answer that is contradictory, inadequate and intended to cover up what is going on at NBK. You cannot say that you are not aware that funds belonging to NSSF, NHIF, RBA and other public institutions have been lost when at the same breath you are saying that money has been lost. It is true that NSSF has 48 per cent of ownership of NBK. These are public funds. I know that the law says you cannot own more ... view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, I was very clear on the information available to me. The bank has demonstrated itself to the public. No bank can send away six top managers if they are not--- The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, I will neither withdraw nor apologize. The Standing Orders require that the documentation that I may table to substantiate, can be tabled on the next sitting day which is Tuesday next week. I will bring the documents and show the Chairman how reckless lending has been going on in that bank. That is not Chase Bank or Imperial Bank---- view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, in the last question that I sought from the Chairman, I asked about the competence and capability of Central Bank of Kenya (CBK) to superintend over banks. Could the Chairperson confirm that given the events that led to the collapse of Dubai, Imperial and Chase banks and considering the shaky situation of National Bank of Kenya (NBK), the leadership at the CBK and their ability to superintend over our banks and manage our monetary policy and stability is wanting and needs to be addressed urgently. We do not want to have situations where we fall back ... view
• 21 Apr 2016 in Senate: On a point of order, Mr. Temporary Speaker, Sir. Before the Chairman purports to advise me, is he in order to say that NSSF is a depositor at the NBK when, in fact, it is a bona fide shareholder. view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, the Chairman did not respond to one of my requests: The management of the CBK and its ability to superintend over banks is wanting given the situation that we have witnessed of late. He completely avoided to answer that. view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, he The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate view
• 21 Apr 2016 in Senate: Mr. Temporary Speaker, Sir, I am the one who asked for this Statement. The Senator for Mandera County and Sen. Kagwe must understand and appreciate that it is not every day that a bank of the status of the National Bank wakes up and dismisses six top managers and hurls them to the CID to record statements on impropriety, fraud and theft. This is public information. What we are seeking is not to frighten anybody who is banking with the National Bank. My law firm has been acting for the National Bank. I do not know if it is still ... view