Ntoitha M'mithiaru

All parliamentary appearances

Entries 91 to 100 of 352.

• 17 May 2012 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. I think the Assistant Minister is not actually differentiating between the two components here. The KQ, although the Government is one of the shareholders, is more or less a private company. They already did their part by appointing the transaction advisors using whatever methods they used. But then our question is directed now to the Government; when they chose a broker and they knew that this broker was to be paid about Kshs100 million, what process did they use to get this broker? I think this is what he is not ... view
• 17 May 2012 in National Assembly: Mr. Deputy Speaker, Sir, now that the Assistant Minister says that there is no method that is being used, it should not be business as usual. It is time that he now realized that the Government, as a shareholder, has a duty to procure its own broker through a competitive process. What steps is he going to take to ensure that in future due process is followed? How much money is the Government paying by way of the rights issue and was it budgeted for or not? view
• 17 May 2012 in National Assembly: On a point of information, Mr. Deputy Speaker, Sir. view
• 17 May 2012 in National Assembly: Mr. Deputy Speaker, Sir, I want to inform the Assistant Minister. view
• 17 May 2012 in National Assembly: Mr. Deputy Speaker, Sir, Kenya Airways do their own procurement and they procured two stockbrokers to be the lead transaction advisers. Once they have done that, they would do the paperwork and then all shareholders would now have to take up their rights issue. The Government as a shareholder has to take up its rights issue and must pass through a broker. If M’Mithiaru is a shareholder, I will use my own method to get a broker who I know will not cheat me. The Government also has to choose a broker. What process did they use to get this ... view
• 16 May 2012 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I beg to ask the Minister for Finance the following Question by Private Notice. (a) What is the Government’s stake in the just concluded Kenya Airways Rights Issue and who were the transaction advisors or sponsoring stockbrokers? (b) Is the submission of Provisional Allotment Letter (PAL) in a public placement like Kenya Airways Rights issue a separate service from the advisory services provided by Transactions advisors? (c) What is the procedure of selecting stockbrokers for the submission of the Provisional Allotment Letter and does the Provisional Allotment Letter service attract a commission, and if so, ... view
• 16 May 2012 in National Assembly: asked the Prime Minister:- (a) whether he is aware that disaster risk reduction is important for sustainable development in Kenya; (b) whether the Government has a disaster risk reduction strategy programme; and, (c) how much money the Government has spent on all kinds of disasters such as drought, floods, fire, collapsed buildings and other interventions and rehabilitations for the last ten years. view
• 16 May 2012 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. The consultation levels are quite high and I am not hearing what the Prime Minister is saying. view
• 16 May 2012 in National Assembly: Mr. Deputy Speaker, Sir, the import of this Question was actually to bring to the fore how expensive it can be to intervene on disasters. I thank the Prime Minister. He has done the elaborate measures that the Government has put in place for this but what I have not seen is really the elaborate mitigation plans on disaster reduction. We use colossal amounts of money to address disasters when they have yet those disasters can be prevented. A case in point is the perennial relief food that we give to people in drought prone areas. Drought can be planned ... view
• 16 May 2012 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I beg to ask the Minister for Finance the following Question by Private Notice. view