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Home News

Parliament gets tough on loans

Reporter by Reporter
August 22, 2014
in News
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Speaker of Parliament Rebecca Kadaga

Speaker of Parliament Rebecca Kadaga

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Kadaga worried

Parliament will not guarantee any loan to an MP in 10th Parliament.

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The speaker of parliament Rebecca Kadaga says some MPs have taken huge loans and finding it hard to clear them.

She says MPs will not be allowed to commit more than 1/3 of their salary to clearing loans.

Kadaga was responding to questions raised by journalists on reports that many MPs and struggling with loans.

She however denied knowledge about MPs receiving money to pay off personal debts.

Kadaga wondered who was receiving the money saying she is sure that it is not coming from the parliamentary commission.

The leader of opposition in Parliament Wafula Oguttu accused MPs including those of the opposition of receiving 110 million to clear off personal debts

However speaking at the same conference, MP Reagan Okumu said they had met Oguttu and denied making such comments.

 

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