Peter Njoroge Baiya

All parliamentary appearances

Entries 941 to 950 of 1381.

• 26 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, the Minister is asking me to repeat the question. view
• 26 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, unfortunately, that means that I will not get the response that I am seeking. view
• 26 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I also wish to add my voice that this matter should really proceed. The Government should not really be allowed to put this business out of the Order Paper. Except for the fact that--- view
• 26 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, we should not indulge the Government to actually put off this business of this very important Bill. This is a Bill that is being brought up with a lot of urgency. Even though the Bill was actually brought forth by the Minister, the truth is that even the format of that Bill borrowed a lot from the Committee of Justice and Legal Affairs. So, really it is not essentially a Government business. In any case, we realize from the so many amendments that have been proposed that the Minister is only one of those who ... view
• 25 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, considering the prevailing harsh economic environment, rising inflation and the cost of living affecting the ordinary view
• 25 May 2011 in National Assembly: I would want the Prime Minister to confirm whether any measures are being considered to control foreign travels because they are certainly very expensive. These trips do not just involve the Prime Minister but all the Government officials, including Members of Parliament. It is not to be lost --- view
• 24 May 2011 in National Assembly: Thank you, Mr. Temporary Deputy Speaker, Sir. I also wish to support this truly very timely Bill. I support this Bill, first, because it seeks to repeal a piece of legislation that has done injustice to this country for so long – that is the old company law. The old company law was borrowed from the English system that dated way back to 1948. Basically, legislation is normally meant to serve the economic needs and dictates of a country, particularly with regard to companies and the most effective mode of conducting business. It, therefore, always follows that the business environment ... view
• 24 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, even as we put this legislation in place, we should not lose sight of the fact that even within the English and international commercial system, there are challenges. There was the ponzi scheme. Such schemes are simply not a monopoly in Kenya. We had the Enron case in the United States (US) in the year 2000 that still demonstrated that there are a lot of challenges that need to be taken into account. Indeed, even the current global economic crisis has to do with some of the problems posed by company directors and chief officers ... view
• 24 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, if one was to look, for instance, at the process of incorporation of companies, the whole idea of the company is to create an avenue for interested traders or investors to acquire a vehicle through which to conduct business under the benefit of limited liability concept, which restrict their liability to what they have invested in the company. However, in our particular experience, that has been grossly abused. Companies get registered not to engage in business, but even to conduct fraud. We have seen companies being formed to access illegally acquired properties and funds. It ... view
• 24 May 2011 in National Assembly: Mr. Temporary Deputy Speaker, Sir, we are also party to experiences of the Office of the Registrar of Companies. Without a strong enforcement mechanism within the Office of the Registrar of Companies, there is no doubt that companies that get formed and do not actually achieve their purposes. They ought to be expeditiously dissolved so that the register is kept clear and clean. view