Shakeel Shabbir

All parliamentary appearances

Entries 1131 to 1140 of 1945.

• 7 Mar 2012 in National Assembly: Mr. Speaker, Sir, the Assistant Minister has been very candid about the services that they wish to provide in six months’ time. view
• 7 Mar 2012 in National Assembly: Could he also tell us whether at any time he has written to any of these three providers to provide a security service under the basis of corporate social responsibility and for the interest of this country? If so, what was their reaction? If all of them have refused let us know because they are also operating in our country. If they have not done so, I think they are not patriotic companies. view
• 7 Mar 2012 in National Assembly: On a point of order, Mr. Speaker, Sir. view
• 6 Mar 2012 in National Assembly: Mr. Speaker, Sir, the Assistant Minister has clearly stated that preference shares was disposed of and ordinary shares purchased in a company that is not wholly owned by the Government. Where is the investment sense when you are selling preference shares which are getting a higher rate of return by way of interest, and then going and swapping them for a lower rate of return and at lower cost of shares? Could he tell us where the investment sense is? Further, what was the matching investment of the private partners of KPLC, or did the Government take the whole burden? view
• 6 Mar 2012 in National Assembly: On a point of order, Mr. Speaker, Sir. The Assistant Minister has not told us why it is the burden of the Government of Kenya to clear debts of the KPLC when it is a company owned by private investors. Could he inform the House how much money the private investors have pumped into KPLC? view
• 6 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, I stand to support this Report. Ever since humanity started in this world under the Holy Torah, the Quran and the Bible, usury has been a destructive element. Usury has been promoted in this country by these actions or lack of action by the CBK. This is a money-making machine and only those who have money have made money out of these foreign exchange fluctuations. There have been many billionaires made from August 2011 to December 2011. We are now 40 billionaires and 40 million paupers. Mr. Deputy Speaker, Sir, some banks have started commenting on ... view
• 6 Mar 2012 in National Assembly: Mr. Deputy Speaker, Sir, I think the basic thing is that Kenyans will inherit these losses. I know this will come in very few months. I am afraid to say the Kenya Bankers Association has exhibited monopolistic tendencies. So, we cannot depend on them anymore. There was a time when a banker’s word was his bond. It is no longer the case. The bankers’ words are not yet their bond. This report has shown very clearly that at least the Governor of Central Bank was ineffective. We are not saying that he is a corrupt person or he stole. But ... view
• 6 Mar 2012 in National Assembly: During the worst time of the currency fluctuation, the CBK Governor was in Central America. Why did he not take the first flight back? Why did have to wait for that whole conference to end? It is only a 10 hours journey and he would have been here. I want to put it on record today, that if you look at the time that the Governor spends in this country, three weeks out of a month, he is out. It has been noted and recorded as and when he was out of the country. The CBK has been run by ... view
• 6 Mar 2012 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. Is the Minister in order to mislead the House that other countries also had currency depreciations, yet he does not tell the House that this country suffered that depreciation and we are back to the original rate of Kshs 82 to the dollar. There was speculation; other countries remained steady at that 20 per cent depreciation rate. They have not come back to the original rate. Is he in order? view
• 6 Mar 2012 in National Assembly: On a point of order, Mr. Deputy Speaker, Sir. view