The Senate Standing Committee on Trade, Industrialization and Tourism held a meeting today with a team from the Capital Markets Authority (CMA) led by the CEO, FCPA Wyckliff Shamiah to consider a Petition by Mr. Rono Nicholas on the alleged fraudulent acquisition of shareholding at the East African Breweries Limited. 

The Petitioner had prayed that the Committee investigates the matter with a view to recommending amendments to the Capital Markets Authority (CMA) Act to cushion the shareholders from such future manipulation.

Under the stewardship of Homabay Senator Moses Kajwang, the Senate Committee on County Public Accounts (CPAC) held a meeting with the County Assembly of Kakamega to closely examine the Auditor General's report on the 2019/2020 financial statements for the County Assembly of Kakamega.