Kenyans give Bill on loan defaulters a wide berth

Parliament in session. FILE PHOTO | JEFF ANGOTE | NMG

Parliament has not received a single memorandum on a Bill that seeks to compel creditors to seize the assets of defaulting borrowers before touching a guarantor’s property.

This is despite the National Assembly asking individuals and organisations to submit views ahead of the reintroduction of the Laws of Contract (Amendment) Bill, which was first tabled by the late Juja MP Francis Waititu in 2019.

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