Dr. Oburu Odinga

All parliamentary appearances

Entries 911 to 920 of 1641.

• 18 May 2011 in National Assembly: Mr. Speaker, Sir, what this means is that actually the officers produced those documents. The PAC was satisfied that the documents were okay. The only thing is that they omitted to give them at the right time. Therefore, the recommendation is that they should be giving this information at the right time, so as to avoid unnecessary audit queries. view
• 18 May 2011 in National Assembly: Mr. Speaker, Sir, I am not avoiding the question. The issue is that there were discrepancies. What he is giving is a global figure. There were items of expenditure where the auditor queried. This query is what gave that total amount. On each of the items where there was a query--- view
• 18 May 2011 in National Assembly: Mr. Speaker, Sir, these discrepancies are before the PAC right now. These are the subjects of the audit queries. So, this is the reason why there were those differences in figures. Our officers are--- view
• 18 May 2011 in National Assembly: Mr. Speaker, Sir, these are the audit queries before the PAC; they are being discussed. Even the Budget Committee is also querying the Ministry about these figures. So, I do not know really whether we should--- view
• 5 May 2011 in National Assembly: Mr. Speaker, Sir, I was asked to table a list of companies or names which were investigated by the Central Bank of Kenya (CBK), that is the Investigation Department of CBK. I have already given a copy of the response to the hon. Member and I am tabling another one before the House. view
• 5 May 2011 in National Assembly: Mr. Speaker, Sir, the House will recall that I had responded to the subject Question, and what I was directed to do was to table a report from the Banking Fraud Investigation Department (BFID) of CBK on pyramid schemes to the Attorney-General for prosecution. The expectation is that such a report will contain the names of individuals recommended to the Attorney-General for prosecution. view
• 5 May 2011 in National Assembly: Mr. Speaker, Sir, we have now established that other than the files which were forwarded to the Attorney-General for review and guidance, there were no other reports exchanged between BFID and the Attorney-General’s office on the subject matter. I, therefore, wish to apologise to the House that though the original answer stated that there were reports, those were not reports. They were just letters and exchanges between the Attorney-General’s Chamber and BFID. The only correspondence between BFID and the Attorney-General’s office were letters forwarding the files to the Attorney-General for perusal and advice or returning the files to BFID. The ... view
• 5 May 2011 in National Assembly: Mr. Speaker, Sir, BFID of CBK investigated only three of the pyramid scheme cases. They were Akiba Micro Finance, DECI Capacity Building and Entrepreneurship Limited and Silvia Investments. There were several complainants in the case of Akiba Micro Finance. The people who were accused in that particular case were Mr. Gideon Mwiti Irea, John Miriti Josiah and Bernard Irungu. The offence for which they were charged was carrying out banking business without a licence, contrary to Section 3(1)(A) as read in Section 3(2) of the Banking Act, Cap.488, Laws of Kenya. view
• 5 May 2011 in National Assembly: The four accused persons were taken to court and while the case was still going on they went to the High Court and made application for a stay order, barring the trial court from proceeding with the case. The High Court directed that the case be stayed until it gave a ruling. The duplicate file was forwarded to the Attorney-General, who called for it. In this case, no accounts were frozen and no bank accounts were investigated. Mr. Speaker, Sir, Silvia Investments, which is the second case, and which was investigated, the complainant was S. T. Wainaina and Family Bank ... view
• 5 May 2011 in National Assembly: Mr. Speaker, Sir, first of all I want to clarify that the Banking Fraud Investigation Unit is a department of the police. They are only attached to the Central Bank of Kenya (CBK) for purposes of investigating fraud in the banking industry. They decided to investigate only these three cases, which they forwarded to the Attorney- General. The Attorney-General gave them a go ahead to prosecute the three. However, in the process the Attorney-General withdrew one of the charges under the powers given to him by law. Mr. Speaker, Sir, it is not us who refused to prosecute because it ... view