All parliamentary appearances
Entries 1301 to 1310 of 1613.
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17 Nov 2009 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move that the Committee doth report to the House its consideration of the Appropriation Bill, and its approval thereof without amendment.
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17 Nov 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, I beg to move that the House doth agree with the Committee in the said Report.
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17 Nov 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, I beg to move that The Appropriation Bill, be now read the Third Time.
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10 Nov 2009 in National Assembly:
Mr. Speaker, Sir, I would like to beg the indulgence of the House on this particular Question because we are not ready with the answer. We had communicated already to the hon. Member. We will be able to give a comprehensive answer if this Question can be put off until Tuesday or Wednesday, next week.
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10 Nov 2009 in National Assembly:
Mr. Speaker, Sir, continuing from where I left before we went on recess---
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10 Nov 2009 in National Assembly:
Mr. Speaker, Sir, money laundering and corruption undermines the countryâs business reputation and stands in the way of investment. Money laundering fields organized crimes which in turn fields money laundering. Money laundering similarly undermines the soundness and integrity of countryâs financial system by making it pay towards what is referred to as âhot money.â The economic and political influence of criminal organization can weaken the social fabric of society, collective ethical standards and ultimately, the democratic institutions of the society.
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10 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, in response to the mounting concerns of money laundering, the G7 Summit in Paris established the Financial Action Task Force (FATF) on money laundering commonly referred as FATF in 1989 to develop a coordinated international response. One of the first tasks was to develop forty recommendations in all and nine special recommendations developed later which set out measures national government should take to implement effectively anti-money laundering programmes.
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10 Nov 2009 in National Assembly:
Persons who seek to conduct transactions of particular notes to these recommendations is extremely wide, breadth and rich of their application--- (c) Recommendations Nos. 26-34, address institutional and other measures aimed at such issues as domestic, co-operation, the collection, analysis and dissemination of financial intelligence, the adequacy of law enforcement powers and resources; compilation of comprehensive statistics and transparency of legal persons and legal arrangements. (d) Recommendations Nos.35-40 relate to international co-operation including extradition, mutual legal assistance, co-ordination and recognition of foreigners at confiscation actions, sharing the proceeds of confiscated assets and the widest range of international co-operation. Mr. Deputy ...
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10 Nov 2009 in National Assembly:
Thank you, Mr. Deputy Speaker, Sir. The Agency shall administer the Criminal Assets Recovery Fund that is also created by the Bill. The Bill obliges reporting institutions to report suspected criminal and money laundering activities to the centre. It also highlights the procedures for recovering and preserving proceeds of crime and money laundering. This is also the section that shall inform Kenyaâs efforts in seeking mutual legal assistance from foreign countries when dealing with the vice. Here below is a summary of the provisions of the various clauses of the Bill. On definitional clauses - Part II Clauses 3-9, those ...
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10 Nov 2009 in National Assembly:
Madam Temporary Deputy Speaker, I thank my colleagues, the hon. Members, for all the contributions they have made. I would like to very briefly respond to the issues they have raised. First, I assure all hon. Members of this House that this Bill is not targeted at any community, individual or NGO. This is especially those NGOs that have supported our people in different parts of this country. We also know that a lot of money from very genuine sources is brought to our country. This includes Kenyans who live and work in various parts of the world. These Kenyans ...
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