Otieno Kajwang

All parliamentary appearances

Entries 881 to 890 of 1172.

• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 68 be deleted Mr. Temporary Deputy Chairman, Sir, the amendment seeks to strike off the proposed amendment to the Banking Act for the following reasons: When the NARC Government took over power, I remember the first statement of the Minister in this House was to raise the capital base of the banks to Kshs400 million from around Kshs250 million. I am not sure whether it was Kshs200 million or Kshs250 million. Because of that, a bank called Daima Bank - I remember this very clearly - which was doing ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, so, that is the question why I wanted this thing deleted. view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, we are discriminating against people who actually want to run small banks. They do not want to run big banks for specific reasons, for example, there are businessmen who may decide to deal with a specific class, community or area. So, could the Minister explain to us why he thought that this is good for this economy and that we can only have Equity Bank and a few other banks and everybody else is shut out? October 9, 2007 PARLIAMENTARY DEBATES 4409 view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I have just one issue in response to the Minister. He says that there are rigorous rules. Of course, there must be rigorous rules in banking, so that our economy is safe. He also says that it does not make business sense to run small banks. So, that is a business decision. Why do you not let somebody make a business decision? If it is a bad decision, he will lose business. He will withdraw or increase his capital base. Why do you make a law for them that they must be this or be ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I only want to say that, in fact, now that we have refused the creation of the Chairman--- Clause 74 refers to the Chairman- it should "die". view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I just want to say one word in support of Mr. Muite's amendment. Remember that we are talking about a forced retirement. It is not voluntary. Immediately, you are retrenched, you do not have another source of income. The law says that you cannot, therefore, touch that money, even if you do not have an income, until you are 55 years. Essentially, it is just saying that you should die between the time you are retrenched and the time you reach 55 so that you cannot access the money, anyway. I think that is being ... view
• 4 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I have listened to the Minister for Justice and Constitutional Affairs. The only reason that she supports the turning of the offices of the KACC into a police station is for taking statements. However, we know that statements can even be taken in the suspect's office. They are currently being taken in that same office at Integrity Centre. So, we do not have to create and gazette a police station at the Commission, so that people can record statements. Mr. Temporary Deputy Chairman, Sir, we do not want the Commission to turn into a police ... view
• 4 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, just to illustrate what the Attorney- General is saying; the Director of the KACC may go to court very late in the evening and persuade a magistrate or High Court Judge on duty that Mr. Kajwang's property in which he lives is a proceed of some stolen money. It is, in fact, perceived or suspected. He then gets an order that he can now move into my property and appoint a receiver. I will be evicted the next day. A receiver will be appointed on my property. I will live in darkness or rain without ... view
• 4 Oct 2007 in National Assembly: What we are saying is--- view
• 4 Oct 2007 in National Assembly: Just one more sentence, Mr. Attorney-General! view