Kimani Francis Kuria

Thank you, Hon. Temporary Speaker. We had prepared some slides. I will ask the ICT team to put them up on the screens. The ICT team, please proceed. Hon. Members, this is a big one. Hon. Temporary Speaker, it is also important to mention that we have also prepared…

We can move together. You want what you are moving to be displayed? The Member for Molo is requesting that it be displayed. Proceed, and it will be shown. Hon. Temporary Speaker, I have also prepared a summary of the printed notes I have distributed to Members for their convenience....

Thank you for your guidance, Hon. Temporary Speaker. Hon. Temporary Speaker, I beg to move the following Motion: THAT, this House adopts the Joint Report of the Departmental Committee on Finance and National Planning and the Public Debt and Privatization Committee on the consideration of Sessional Paper No. 3 of...

This is a House of records. It would be very wrong if we do not challenge misleading information my good brother, the Member of Parliament for Kiharu, is giving. Our Reports clearly stipulate we used globally recognised economic models of valuation of shares. We did not base it on market...

I challenged my good brother, the Member of Kiharu, to give us one formula he used to arrive at his price. As we calculated and as shown by the Kenya Commercial Bank (KCB) , which is the firm that carried out the valuation of these shares... The price earning multiples,...

On a point of order, Hon. Temporary Speaker. Hon. Kimani Kuria what is out of order. Hon. Temporary Speaker, it is more of a point of information. If you read the resolutions... No, Hon. Kimani Kuria… It is a point of order. The Member cannot mislead the House on the...

On a point of order, Hon. Temporary Speaker. Take your seat, Hon. Makali Mulu. Hon. Kimani Kuria, I am really avoiding points of order so that we can keep to the time for debate. What is out of order? Hon. Temporary Speaker, it is very important because these are very...

THAT, Clause 3 be amended by inserting the words “in accordance with Article 206 of the Constitution and section 24 of the Public Finance Management Act.” Immediately after the word “Fund”. This amendment is seeking to bring clarity to the nature of the Fund being established under the Constitution and...

Yes, Hon. Temporary Chairlady. I beg to move: THAT, Clause 4 be amended in paragraph (a) by deleting the words “catalytic national infrastructure, including national highways and railways networks, air and sea ports, electricity generation, transmission and distribution, water reservoirs, irrigation and agribusiness infrastructure” and substituting therefor the words “national...

Hon. Chairlady, I see where Hon. (Dr) Makali is coming from. There is no harm when we come to Clause 2 later to see how else we can properly define this particular term so that there is no ambiguity in law. (Question, that the words to be left out be...

Hon. Temporary Chairlady, although the proposal by Hon. Ngogoyo is reasonable for particular boards, the only reason we have these seven Board members of the National Infrastructure Fund is to bring expertise. In fact, later you will see that they only sit twice a year. They are not Board members...

Wait a minute. I need to consult briefly. Clause 6? The Temporary Chairlady (Hon. (Dr) Rachael Nyamai) : No. In Clause 6… (The Temporary Chairlady consulted with the Clerks-at-the-Table) THAT, Clause 6 of the Bill be amended—

I will make it very quick. I went to the members of the public during public participation. They cautioned us about Members of Parliament appearing before the Committee to present views, because they said Members have an opportunity to vote when the matter comes to the Floor of the House....

Thank you, Hon. Temporary Chairlady. I beg to move: THAT, Clause 8 of the Bill be amended—

Hon, Chairlady, this is one of the areas that I am also very conflicted. I strongly believe that becoming a politician does not take away your professionalism. Working for a particular government entity does not also take away your experience and professionalism. However, I am also alive to the risks...

I beg to move: THAT, Clause 9 of the Bill be amended by inserting the following new subsections immediately after subsection (5) - THAT, Clause 12 of the Bill be amended by inserting the following new paragraphs immediately after paragraph (j) — THAT, the Bill be amended by deleting Clause...

We are deleting the word “four” in Subclause (4) and replacing it with the word “three”. The Temporary Chairlady (Hon. (Dr) Rachael Nyamai) : Thank you very much. (Question of the amendment proposed) The Temporary Chairlady (Hon. (Dr) Rachael Nyamai): Hon. Makali Mulu.

THAT, the Bill be amended by deleting Clause 16. This is a consequential amendment. Now that the CEO is also the Administrator of the Fund, we need to delete Clause 16 that was giving powers to the Cabinet Secretary to appoint an Administrator of the Fund, who would have been...

THAT, Clause 20 of the Bill be deleted. Clause 20 was also providing for performance contracting just like Clause 19. The Clause does not need to be anchored in an Act of Parliament because it is too administrative and prescriptive. (Question of the amendment proposed) (Question, that the words to...

Hon. Temporary Chairlady, the honourable Colonel's question is very valid. I will be moving new Clause 5A, which now defines the governing council and its members. This will be covered in the new Clause 5A. The Temporary Chairlady (Hon. (Dr) Rachael Nyamai) : Thank you. I can see him nod....

I beg to move: THAT, Clause 23 be deleted. The explanation is as I gave above about conducting feasibility studies. It does not need to be duplicated. It has already been provided for by the Public Procurement and Asset Disposal Act (PPADA) of 2015. The Leader of the Majority Party...

I find the proposal by the honourable Deputy Leader of the Minority Party too prescriptive and administrative. We do not need to have a section of the law to outline the relationship between the Cabinet Secretary and the Board. There are already guidelines on corporate governance Therefore, I oppose that...

In terms of flow of activities and approvals, remember this House has already approved the investment policy by the time we come to these reports. That investment policy cannot be implemented without the approval of this House. We must also be careful not to be too overreaching on the mandate...

Hon. Temporary Chairlady, I want us to be realistic with the work that this honourable House does. Look at how we are lagging behind even in our mandates in our respective committees. Now that we are speaking to this, we have had discussions with several Chief Executive Officers (CEOs) and...

THAT, the Bill be amended by deleting Clause 29 and substituting therefor the following new clause─

THAT, the Bill be amended by deleting Clause 31 and substituting therefor the following new Clause ─ Bank accounts.

I beg to move: THAT, Clause 33 of the Bill be amended by inserting the words “and in accordance with Article 228 (5) of the Constitution” immediately after the word “established”. This amendment is seeking to provide clarity on the withdrawal of the funds and the constitutional underpinning. Just to...

THAT, Clause 35 of the Bill be amended by deleting and substituting the following new clause— Annual estimates. Cap. 412A

THAT, Clause 36 of the Bill be amended in subclause (2) by deleting the word “four” appearing immediately before the word “months” and substituting therefor the word “three”. This is to reiterate that this Fund will still be subject to the Public Audit Act. Therefore, there is an express provision...

Hon. Chairlady, I beg to move that the new Clause 5A be now read a Second Time. This new clause aims to establish the Governing Council of the Fund. This Council shall include, among others, the Cabinet Secretary for the National Treasury, the Governor of the Central Bank of Kenya,...

Hon. Chairlady, I beg to move that the New Clause 5B be now read a Second Time. As I explained earlier, this provides for who the members of the Governing Council are going to be and what their expertise is going to be. They need to have a degree and...

Hon. Chairlady, I beg to move that the New Clause 5C be now read a Second Time. The members of the Governing Council are the Cabinet Secretary for the National Treasury, the Governor of the Central Bank of Kenya, the Attorney- General, and six persons who are not public officers....

Hon. Chairlady, I beg to move that the new Clause 5D be now read a Second Time. This is a provision that provides for how the members under Clause 5B (d) , the six persons, can be removed. They can be removed if they have committed a criminal offence, if...

Hon. Chairlady, I beg to move that the New Clause 21A be now read a Second Time. This amendment provides that the Cabinet Secretary shall submit the Investment Policy to the National Assembly for approval. (Question, that the new clause be read a Second Time, proposed) Question, that the new...

Hon. Chairlady, I beg to move that the New Clause 21B be now read a Second Time. (Question, that the new clause be read a Second Time, proposed) Question, that the new clause be read a Second Time, put and agreed to) (Question, that the new clause be added to...

Hon. Chairlady, I beg to move that the New Clause 21C be now read a Second Time. (Question, that the new clause be read a Second Time, proposed) Question, that the new clause be read a Second Time, put and agreed to) (Question, that the new clause be added to...

Hon. Chairlady, I beg to move that the New Clause 21E be now read a Second Time. Upon receipt of the notice under Section 21D, the Governing Council shall publish the approved Investment Policy or in the case where the Investment Policy is approved with reservations…

Sorry. Hon. Chairlady, I beg to move that the New Clause 21D be now read a Second Time.

Hon. Chairlady, I beg to move that New Clause 21E be now read a Second Time. (Question, that the new clause be read a Second Time, proposed) Question, that the new clause be read a Second Time, put and agreed to) (Question, that the new clause be added to the...

Hon. Chairlady, I beg to move that the New Clause 21F be now read a Second Time. The amendment provides that the Investment Policy shall be published in the Kenya Gazette. (Question, that the new clause be read a Second Time, proposed) Question, that the new clause be read a...

Yes. Hon. Chairlady, this House will approve the Investment Policy. The Board will submit reports to this House annually. These public funds will be subjected to audit by the Office of the Auditor-General. To require that the Board comes here for approval before payment, we are making this House do...

Hon. Chairlady, we are at the tail-end of these amendments. Hon. Chairlady, I beg to move that the new clause 36A be now read a Second Time. Hon. Chairlady, this particular provision that we are amending is to provide for offences and penalties to make it very punitive for any...

Mhe. Mwenyekiti, ningependa kupendekeza(Laughter)

Hon. Chairlady, it is good to know that this is an amendment to the last new clause. I beg to move that New Clause 39 be now read a Second Time. This is a consequential amendment. The Bill provides that one of the sources of the funds will be a...

THAT, Clause 2 be amended by inserting the following new definitions in proper alphabetical sequence— “Governing Council” means the Governing Council established under section 5A; “national infrastructure” means national highways, railway networks, airports, seaports, electricity generation, transmission and distribution infrastructure, water reservoirs and irrigation and agribusiness infrastructure; This provides for...

Hon. Temporary Chairlady, I will, first, respond to my good friend, Hon. Makali. Our amendment to the definition of the term “national infrastructure” has removed the word “catalytic” so that the term “national infrastructure” now means “national highways, railway networks, airports, seaports, electricity generation, transmission and distribution infrastructure, water reservoirs...

THAT, Clause 1 of the Bill be amended by deleting the words “and shall come into operation on such day as the Cabinet Secretary may, by notice in the Gazette, appoint.” This seeks to ensure that we avert undue delays in the operationalisation of the Fund. (Question of the amendment...

I thank everyone who has contributed. I am happy that we have all added value to this piece of legislation. We have made many amendments. I beg to second, subject to recommittal of the two clauses as read by the Leader of the Majority Party.

Hon. Temporary Speaker, I left my finance career at its peak. I say this because I worked very closely with Hon. Atandi, the Chairman of the Budget and Appropriations Committee who was my banker then, before I joined politics. I was elected at a very young age to lead the...

Hon. Temporary Speaker, Hon. Makali Mulu has spoken my mind. I saw this amendment on the Floor of the House. Without going into its merits and demerits, it states: That the Assembly may proceed only in accordance with the recommendations of the relevant committee of the Assembly, after taking into...

Thank you, Hon. Temporary Speaker. At the outset, I rise to support this Report on 2026/2027 Budget Policy Statement by the Budget and Appropriations Committee. This Budget Policy Statement aligns various resource envelopes with areas that have been part of our pillars of inclusivity and sustainable growth. It is also...

Sorry. Hon. Temporary Speaker, I note the recommendations of the Chairperson of the Committee on the pending bills. I kept on mentioning the word “Hon. Chair” when we were moving the amendments in the previous Bill. Pending bills remain a pain to many business people. For a very long time,...

Hon. Speaker, I beg to lay the following Paper on the Table of the House: Report of the Departmental Committee on Finance and National Planning on its consideration of the National Infrastructure Fund Bill (National Assembly Bill No. 1 of 2026) .

Thank you, Hon. Speaker. The matter of young Kenyans being allegedly killed in Moscow, Russia, is cross-cutting. I knew one of those young people before I came to Parliament. He is called John Mwangi Nduta, an ex-army officer, who hails from Thika. I was very surprised to see photos of...

I thank the Leader of the Majority Party. He forgot to mention that there are fewer than 150 Fellow Certified Practising Accountants (FCPAs) in this country. I am one of them in this House. Hon. Temporary Speaker, I beg to second the National Infrastructure Fund Bill (National Assembly Bill No....

On a point of order, Hon. Temporary Speaker. Order, Hon. Mbui. Hon. Kimani is on a point of order. What is out of order? Hon. Temporary Speaker, is it in order for the Member to deliberately deceive this House by stating that we are selling everything we own? If he...

Hon. Temporary Speaker, I applaud this nullification of this instrument. I think this is a call for this honourable House to be very careful about the laws that we enact, seeing some of the provisions that were contained in this Act. One of them was providing immunity from suits and...

Yes. Thank you, Hon. Speaker. I beg to move the following Motion: THAT, taking into consideration the findings of the Departmental Committee on Finance and National Planning in its report on the approval hearing of a nominee for appointment as the Director-General of the Financial Reporting Centre, laid on the...

Thank you very much, Hon. Temporary Speaker. I take this opportunity to welcome students from the great school in Molo, Molo Academy. This is one of the best performing schools in Molo Constituency. Notably, the students are drawn across the country. We have students from Kisumu, Mombasa, Kilifi and other...

On a point of information, Hon. Temporary Speaker. Thank you very much. Chairperson. Do you want to inform the Member for Bondo? Yes, please.

Thank you very much. The Member has raised a very valid point of concern. However, it is good to inform him that it is this honourable House that passed the Proceeds of Crime and Anti-Money Laundering Act which established the Financial Reporting Centre. It also talks about the role of...

On a point of order, Hon. Temporary Speaker. Yes, what is out of order, Chairperson of the Departmental Committee on Finance and National Planning? Hon. Temporary Speaker, is the Member in order to call all other universities, apart from the University of Nairobi, constituent colleges? There are some of us...

On a point of order, Hon. Temporary Speaker. Hon. Members, we need to make progress. Chairman, you know I cannot deny you a point of order, bearing in mind that this is your business. Hon. Temporary Speaker, we may belittle this particular matter of referring to other universities in Kenya...

Hon. Temporary Speaker, I first thank all Members who read the Report and spoke kindly of the nominee. I am happy that Members who spoke agree with the Committee’s findings that the candidate is well qualified, well learned and well experienced to carry out the role of Director-General of the...

Thank you very much, Hon. Temporary Speaker. Before making my contribution, I wish to commend the Member for Tetu, Hon. Wandeto, for his well-articulated and thoughtful contribution. He is a brilliant legislator. I hope the sponsor of the Bill will consider the points raised. As I reflected on how to...

Hon. Speaker, I beg to lay the following Paper on the Table: Report of the Departmental Committee on Finance and National Planning on its consideration for approval hearing of one Mr Naphtaly Kipchirchir Rono, the nominee for appointment to the position of Director-General of the Financial Reporting Centre.

Thank you, Hon. Speaker. Hon. Kimani, there is a movie titled In Praise of Older Women. Given the age difference between you and Hon. Wamuchomba, you should watch it. (Laughter) Hon. Speaker, for the record…. I said 'older,' not 'old.' Hon. Speaker, for the record, I am happy to see...

Thank you very much, Hon. Temporary Speaker, for giving me this opportunity to contribute to this very good Bill drafted by the formidable lawyer, the Member for Kirinyaga County, Hon. Njeri Maina. The Bill seeks to amend the Public Health Act (Cap. 242) so that it aligns with Article 43...

Thank you, Hon. Speaker. I beg to lay the following Papers on the Table of the House… Hon. Gikaria, you do not approach the Speaker by going back to your seat. You approach the Speaker by going to where he is. Hon. Speaker, I beg to lay the following Papers...

Thank you, Hon. Speaker, and thank you for reminding us of the importance of seniority. When I grow up, I want to be the Leader of the Majority Party of this House. And I will grow much older and hopefully serve as long as the longest-serving Member, Hon. Keynan. I...

Thank you very much, my leader. Hon. Deputy Speaker, I told the Leader of the Majority Party to be very careful when he refers to me as his son. I may start asking for my right share of his estate. (Laughter) management and the Public Procurement and Asset Disposal Act....

On a point of order, Hon. Temporary Speaker. Order, Hon. Oundo. What is out of order, Chairman of the Departmental Committee on Finance? There is nothing out of order.

It is a point of information, Hon. Temporary Speaker. There is nothing out of order. I am enjoying the debate by Hon. Professor Oundo but I would like to inform him on a matter that he has raised.

I see what you did there, Hon. Professor Oundo. It is okay because you are my senior in the profession. The purpose of Clause 37 of the Bill, which Professor Oundo is alluding to, states thus: “The funds of a Government-owned enterprise shall include such monies as may be appropriated...

Ahsante, Mhe. Spika wa Muda. Yangu ni kuchukua nafasi hii kutoa rambirambi zangu kwa jamii ya familia za hawa waheshimiwa wawili ambao wamepoteza maisha yao. Nafikiri ni kumbusho kwa sisi wote ya kwamba miili hii si yetu. Tuko katika safari na wakati mwenye miili hii atakaposema wakati umefika, basi hatutakuwa...

THAT, Clause 3 of the Bill be deleted. This proposed amendment deletes the definition of the term Virtual Asset Service Providers, which has already been provided for in Clause 2 of the Bill. Since it is already covered in Clause 2, there is no need to have it again in...

I beg to move: THAT, Clause 13 of the Bill be amended in subclause (5) by deleting the words“that person” appearing immediately after “provisions of subsection (2) or (3) ”. This is a clean-up so that there is proper logical flow in that clause. (Question of the amendment proposed) (Question,...

THAT, Clause 17 (1) be amended in paragraph (d) by deleting the word “send” appearing immediately after the words “notification to be” and substituting therefor the word “sent”. Again, this is a clean-up of errors that should never have found themselves in such a piece of law. Paragraph 17 (1)...

I thank Hon. Kaluma for his remarks and for his very keen observation. Later on, we will be moving an amendment to Clause 2 to provide for definitions of those particular abbreviations. For the flow of the Committee of the whole House, we do not start with Clause 2. Ordinarily,...

THAT, Clause 39 of the Bill be amended in subclause (6) by deleting the words “,that person” appearing immediately after the words “false or misleading”. Again, this is a deletion of the words “that person” because they are irrelevant in the current and modern legal drafting language. The Temporary Chairman...

Hon. Temporary Chairman, I note with concern the remarks made by the Member. We delayed tabling this report and approving these amendments to seek concurrence with the National Treasury, the Central Bank of Kenya and other stakeholders. Sometimes gaps are left to be filled through regulations. In future, this House...

Hon. Temporary Chairman, on behalf of the Leader of the Minority Party, I beg to move that new Clause 45A be now read a Second Time. Hon. Temporary Chairman, this amendment provides that the Cabinet Secretary may appoint a suitably qualified person as an agent to trace any transaction undertaken...

Thank you, Hon. Temporary Chairman. I share the sentiments raised by Hon. Members. However, let me also raise a matter of fact on virtual assets. One, you cannot trace them physically. They are virtual and somewhere on the cloud. They use very complex blockchain technology that even getting their visibility...

I have really tried to explain this concept. If you check even the drafting of this law, you will find a number of amendments. If most of us in this room are honest, for me to move this Bill means that I have spent many hours reading and researching about...

Verbatim text unavailable — read this contribution in the official Hansard.

THAT, Clause 2 of the Bill be amended–– Hon. Temporary Chairperson, I beg to move that the Committee do report to the House its consideration of the Virtual Asset Service Providers Bill (National Assembly Bill No. 15 of 2025) and its approval thereof with amendments. (Question proposed) THE KENYA ROADS...

Hon. Temporary Chairman, I thank the Chairperson of the Departmental Committee on Transport and Infrastructure for bringing these amendments. I agree with the proposals put forth by Hon. Kajwang’. It is possible to provide coordinates from the beginning to the end of a road, especially in this era of e-procurement....

Hon. Temporary Speaker, I beg to move that this House do agree with the Committee in the said report. I request Hon. David Mboni, Member for the great people of Kitui Rural to second the Motion for agreement with the report of the Committee of the whole House.

Thank you, Hon. Speaker. I beg to ask the Cabinet Secretary for Interior and National Administration the following Question: Could the Cabinet Secretary—

I think the Statement is quite comprehensive, but we really urge the National Police Service to make sure there is protection of lives and property. The rights of protesters should be protected, but so should the rights of other citizens. This issue of attacking people and their personal property because...

Yes, I want to close. Mine is very simple. I want to urge the Cabinet Secretary that we have three police stations in Molo; namely, Elburgon, Mariashoni and Molo Town. We do not have sufficient vehicles for security operations in the area. If you follow the questions that have been...

Hon. Speaker, I beg to move the following Motion: THAT, taking into consideration the findings of the Joint Committee of the National Assembly Departmental Committee on Finance and National Planning and the Senate Standing Committee on Finance and Budget on the approval hearing of a nominee for appointment as a...

I thank you for your indulgence, Hon. Temporary Speaker. We are entering a new era. At the advent of M-PESA, telling a typical parent or a villager that they could send money virtually, and that the amount displayed on their phone represented what we now call fiat currency—physical currency—would have...

Hon. Temporary Speaker, nothing is out of order from my neighbour and senior colleague. But I thought I could perhaps give a point of information.

Hon. Temporary Speaker, it is about information that has not been provided publicly. The Business Laws (Amendment) Act of 2024 is a very crucial law that was passed by this House. In the financial sector, banks are regulated through the CBK Act and the Banking Act; SACCOs are regulated by...

Thank you, Hon. Temporary Speaker. I am informing the Member for Gilgil, who is my good friend, that this honourable House has taken the necessary steps to make sure that the “Buy Now, Pay Later Programmes” and the non- deposit taking lenders are now under the purview of CBK. We...

Hon. Temporary Speaker, I would like to add my voice to this and thank the Members who have made contributions. CBK has made very substantial steps. I really thank the Governor of the Central Bank of Kenya, the one and only Dr Kamau Thugge, and the two Deputy Governors starting...

I note that this amendment is in line with the Mwongozo Code of Conduct and ensures that all our laws align with it. We also have institutions, most importantly, anchored by law. In that case, I support the amendment by the Chairman. Thank you. The Temporary Chairlady (Hon. Martha Wangari)...

Hon. Temporary Chairlady, I will be brief. I represent a constituency that is home to the Ogiek community, whom we refer to as Dorobo. They coexist harmoniously with the forest, ensuring environmental conservation while living in balance with all the creatures of the forest. I am happy with this amendment,...

Hon. Temporary Chairlady, I am very happy with this amendment because of two things. Firstly, we have seen most families, especially in rural villages, benefit when those masts are erected in their compounds, and therefore, I would want the assurance that their privacy is guaranteed even when those meteorological service...

Hon. Temporary Chairlady, this is one of the examples why the drafters of our Constitution did the separation of power between the Executive and the Legislature. That is why we should never allow a Bill to be passed on the Floor of this House as it has been proposed by...

I thank the Chairman and the entire Committee for catching this. We are seeing this appearing in most Bills that are coming from the Executive. This is bringing a lot of legislative power to the Cabinet Secretary. Our Constitution is extremely clear on the role of the three Arms of...

Hon. Temporary Speaker, I would like to demystify a fact that has been said in this House and within the leadership of this country. This is something to do with the leadership of women. Usually, you would not expect an attendance of a great number of women leaders in the...

Thank you, Hon. Temporary Speaker, for your indulgence. I take this opportunity to welcome to the National Assembly future engineers, lawyers, Members of Parliament, doctors and presidents who are the great students of Arimi Primary School, Nyakiambi Secondary School and Tumaini Primary School to observe the Proceedings of this House....