Dr. Oburu Odinga

All parliamentary appearances

Entries 1231 to 1240 of 1641.

• 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
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, when you talk about protection against risk and you only restrict that business to locals, you must know that, that is a very risky business and, view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, I am saying that if there are any specific non- compliance cases, let him draw our attention to them and we shall take the necessary action. view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, that is the reason why the licence which has been given to that company is conditional. It is conditional on several performance measures which they must fulfill in order to get a full licence. If they are not able to pay as per the agreement with our IRA, then we might not--- view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, the report by the statutory manager which recommended that, that company be revived and be restructured is the only document which is there. Others are just correspondence which we had with those people and the interviews which we held and gave them certain conditions which they must fulfill before they can be allowed to get a full licence. So, the only document which we can table is the report by the statutory manager which gave recommendations for that company to be restructured and not liquidated. view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, those conditions are there. view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, I do not have it here with me! view
• 23 Mar 2010 in National Assembly: Yes, Mr. Speaker, Sir. view
• 23 Mar 2010 in National Assembly: Mr. Speaker, Sir, as I said, this is a very risky industry and there are only two other insurance companies which are ready to deal with this. That is why one of the recommendations was to revive it because it is a very vital sector. view
• 10 Mar 2010 in National Assembly: Mr. Deputy Speaker, Sir, I beg to reply. view