Dr. Oburu Odinga

All parliamentary appearances

Entries 1231 to 1240 of 1650.

• 30 Mar 2010 in National Assembly: Mr. Speaker, Sir, first, I apologise for coming later. The Permanent Secretary of our Ministry has written to the Clerk requesting that this Question be deferred until next week. I seek your indulgence so that we can come up with a comprehensive answer to this Question including the issue of sub judice which we are also investigating in respect to this matter. view
• 30 Mar 2010 in National Assembly: Mr. Speaker, Sir, I request that this Question be deferred until Tuesday in the afternoon. view
• 24 Mar 2010 in National Assembly: Mr. Deputy Speaker, Sir, the details of the physical conditions of the boats are contained in this report. view
• 24 Mar 2010 in National Assembly: Mr. Deputy Speaker, Sir, the physical conditions of the boats is satisfactorily because the boats are running in the waters of the lake. This is proved by the inspection report of various authorized organizations. view
• 24 Mar 2010 in National Assembly: Mr. Deputy Speaker, Sir, I do not have any updated report on the sea worthiness of these boats. But I know that the boats are operational and I have personally used them in the waters of--- view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, I beg to reply. I would like to make a correction and state that Invesco Assurance Company Limited, was not placed under receivership, as stated by the hon. Member, but under statutory management. A statutory manager is under no obligation to settle claims owed by the insurer, but he is required to prepare and submit to the Insurance Regulatory Authority (IRA) a report on the financial position and management of the insurer with recommendations as to whether the insurer is capable of being revived, or should be placed under receivership or liquidation. The appointed Statutory Manager, view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, under the restructured arrangement, the Matatu Owners Association (MOA), who have an investment arm, have already bought 80 per cent of the Invesco Assurance Company Limited, and they have put advertisements in newspapers asking those who have claims to submit their applications, so that they can process the claims. So, far 1,500 members have made their claims, which are being processed and the total amount involved so far in the claims is Kshs300 million. view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, the Insurance Regulatory Authority (IRA) was specifically established to deal with cases of non-compliant insurance companies. For this particular one, a lot has been done. Several measures have been taken. They have demanded for more capitalization. They have decided that the shareholders should not be directly involved in the management of the company. Several other measures have been taken to ensure that members of the public are not cheated. If there are any specific cases of errant insurance companies, we are ready to recommend to the IRA to take the necessary measures and deal with them as ... view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, I have stated that for any insurance company to come up, it has to have sufficient capitalization. That particular insurance business is not easy because it involves matatus . There are only three insurance companies that deal with view
• 23 Mar 2010 in National Assembly: in this country. That is because of the type of risk involved in that particular investment. This Parliament, in its wisdom, established IRA in order to deal with those insurance companies which are likely to fleece members of the public out of their ignorance. view