All parliamentary appearances
Entries 871 to 880 of 1641.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, when there is a guarantee, the Government recovers whatever the Government has paid on their behalf from them just like it does for State parastatals.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, I have said so.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, privatization considers the rights of some debts in order to make those parastatals which are being sold by the Government viable to be bought by the private sector. So, it is not that in all cases the people who are buying the parastatals take over all the liabilities. In this particular respect, they did.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, these were parastatals which defaulted and the Government paid on their behalf. The Government is recovering whatever has been paid on their behalf.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, I do not have that specific figure as to how much has been recovered, but whenever parastatals improve and become viable, we recover everything that we have paid on their behalf.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, including the guarantees.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, I have the list here with me. The money that has been recovered from these parastatals amounts to Kshs6, 663,853,668. There is a table that shows how much has been recovered from each and every parastatal. Could I table it?
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, the policy is that we intend to recover everything that we have paid on behalf of these parastatals.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, I did.
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20 Jul 2011 in National Assembly:
Mr. Deputy Speaker, Sir, that is exactly what I have said.
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