Dr. Oburu Odinga

All parliamentary appearances

Entries 1521 to 1530 of 1641.

• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, unless the hon. Member can prove that allegation--- I have stated that the signatures and the accounts were attached to the prospectus. Mr. Deputy Speaker, Sir, on the issue why there was another prospectus, it is because the other one was an addendum. An addendum is--- Just like when we make laws here, there are other regulations which come after. That was an addendum which was supposed to be part of the prospectus which was published on 14th of March, 2008. When it came later, it was published as a separate document. But, later, on the ... view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, as I said in the beginning, the clarification which was sought by the hon. Member on this particular issue was in respect of the prospectus; why there were two prospectuses. I have stated clearly that there were actually no two prospectuses. Mr. Deputy Speaker, Sir, on the issue of the revelations, Safaricom IPO has already taken place. Those issues ought to have been raised at the time this Safaricom rights issue was being sorted out. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, I am not confirming that because I am not aware of that particular omission. If the hon. Member has any June 10, 2008 PARLIAMENTARY DEBATES 1103 proof that there was any omission to the extent of Kshs68 billion not being revealed, then he can inform the House. I am not aware of this material omission in the financial statement. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, with regard to the PIC Report, I was a Member of Parliament here and I never saw that Report being tabled here in the House. If that was done, I really do not know whether that was a document from Parliament or just an inquiry from the PIC to the then Minister for Finance. They did not act because there were very many objections including court cases in relation to this particular case. However, because there was no conclusion in the courts, the Ministry decided to go ahead with the sale of the shares. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, I said that I do not have any information on that. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, the winning or losing of bids is just being finalised. We do not as yet have the information which the hon. Member seems to be having that these people have already won that percentage in the shareholding. I cannot really confirm because that thing is just being finalised right now. I do not know what his source is. view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, I beg to move the following Motion:- THAT, this House approves Sessional Paper No. 1 on Kenya Government Guarantee of AY26.7 billion equivalent to Kshs16.18 billion loan from the Japanese Bank for International Co-operation (JBIC) to the Kenya Ports Authority (KPA) for Mombasa Port Development project laid on the Table of the House on Tuesday 10th June, 2008. Mr. Deputy Speaker, Sir, the loan is being sought in accordance with the provisions of the Guarantee of Loans Act, Cap.461, Laws of Kenya. The following information is laid before the National Assembly for consideration and approval. The ... view
• 10 Jun 2008 in National Assembly: Based on the performance of the KPA, the Authority will be able to meet its debt service obligations. The National Assembly is requested to consider and approve the issuance of Government of Kenya Guarantee for the loan of AY26.7 billion equivalent to Kshs16.18 billion from JBIC to KPA. The current total contingent liabilities of the Government of Kenya in respect to the guarantees given under Section 3 of the Guarantee Loans Act, Cap.461, Laws of Kenya, other than those specified in the Schedule to the Act, amount to Kshs24.7 billion. This request for guarantee of a sum equivalent to Kshs16.18 ... view
• 10 Jun 2008 in National Assembly: Mr. Deputy Speaker, Sir, I am seeking your indulgence whether this is in accordance with our Standing Orders. Our Standing Orders state that any debate, unless it is a constitutional amendment, only requires a quorum. If there is a quorum - this is a guarantee - then I do not see any reason why there should be an adjournment. view
• 14 May 2008 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move that the Committee doth report to the House its consideration of the Supplementary Appropriation Bill, Bill No.7, and its approval thereof without amendment. view