Dr. Oburu Odinga

All parliamentary appearances

Entries 991 to 1000 of 1641.

• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, I would like to request your indulgence so that the Question is brought on Tuesday afternoon. view
• 12 Apr 2011 in National Assembly: Yes, Mr. Speaker, Sir. view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, I beg to reply. (a) The Central Bank of Kenya is not holding any money belonging to the pyramid schemes. As for the amount held by commercial banks, the Central Bank had information on only Kshs11,039,687.50. (b) Since the pyramid schemes were illegal, there is currently no money held in any form to refund victims of this scheme. Therefore, I am not in a position to say when the victims will be refunded their money. (c) All complaints received from members of the public were channeled to the Banking Fraud Investigations Department for investigations. After investigations, the ... view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, I am absolutely unaware of any case where the Attorney-General went to court to have orders lifted or failed to have these people punished. I have two cases here. One was the Banking Fraud Investigations Unit application versus George Odinga Donde. In this case, there was an order given by Mrs. T. N. Ngugi. This was not from the Attorney-General but it was an order given by the court. It reads:- “The notice of motion application dated 21st December, 2006 brought under Section 118 and 121 (1) of the CPC and Section 180 of the Evidence Act ... view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, I have said that it was the Kshs11 million which was established by the Fraud Investigations Department of the Central Bank of Kenya, which is under the purview of the Ministry. I did not say that, that is the only amount involved. I was only speaking about the amounts which were investigated fully by the department which fall under our jurisdiction, and which we submitted to the Attorney- General for further investigations with a view to prosecute. We are not saying that there are no other reports, but we are saying that there are no monies which ... view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, the pyramid schemes were criminal activities. The Government does not have provisions for losses incurred in fraudulent investments. The Government has established a task force and one of its objectives is to educate people so that they can desist from investing in fraudulent schemes like the pyramid schemes. We do not have any provisions to pay any affected Kenyan. It is sad but we do not have any provision to support them. view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, the Report was in the Department of Co-operative Development. As I said, our Banking Fraud Investigations Department has investigated several cases and has also advised banks to report to the Central Bank of Kenya any suspicious accounts, whose behaviour reflects some kind of inclination to have pyramid scheme type of investments coming in, so that further investigations can be done to establish whether really they are pyramid schemes with a view to punishing the culprits. view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, what I said is that there were recommendations for the Attorney-General to make further investigations in certain cases which the Fraud Investigations Department had thought there was tangible evidence to show that they could be involved in some criminal activity. But the decision to prosecute or not is purely the decision of the Attorney-General. It is a continuous process of investigating these companies. So, for us to start coming to table names of people who have not been fully investigated by the Attorney-General, I do not know--- view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, this is not an investigation report. You know, when you are investigating something of a criminal nature, the Government arm gives the final word. Even the recommendation says the Government should go further with investigations with a view to prosecuting those people. They cannot conclusively say that those people should be prosecuted it is the Attorney-General, by law--- view
• 12 Apr 2011 in National Assembly: Mr. Speaker, Sir, I have already read two prosecutions which were taken to court. I do not have any record of any other report which has been undertaken. I know there were recommendations to the Attorney-General to investigate with a view to prosecuting more cases--- view