Sunday, 25 August

SSNIT hotels-Bryan Acheampong deal: Make documents available – Afenyo-Markin to pension fund

Business
SSNIT hotels-Bryan Acheampong deal: Make documents available – Afenyo-Markin to pension fund

The Majority Leader in Parliament, Mr Alexander Afenyo-Markin, has called on the Social Security and National Insurance Trust (SSNIT) to disclose documents related to the sale of its shares in four prominent hotels to Dr. Bryan Acheampong, the Minister of Food and Agriculture.

The transaction involves the sale of 60 per cent of SSNIT's shares in the Elmina Beach Resort, Ridge Royal Hotel, La Palm Royal Beach Resort, and Labadi Beach Hotel to Rock City Hotel, owned by Dr. Acheampong.

Concerns have been raised by stakeholders, including MP for North Tongu, Samuel Okudzeto Ablakwa, who has petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate potential conflicts of interest in the deal.

Mr. Afenyo-Markin urged SSNIT to provide a thorough explanation to the public to address these concerns. 

“Let me make this appeal to SSNIT, SSNIT must come out, make the documents available, and speak to it. I mean, they can not be dodgy. This is not a political matter. I can not come and speak to it politically, condemn it, or commend it,” he stated.

He emphasised the importance of transparency from SSNIT not only for this transaction but for all their investments. 

“SSNIT must come out, and even not only this decision, [it must] look at all their investments that are failing and explain them to the public. I am sure that TUC and other labour unions will understand if these things are explained and they will take away Bryan Acheampong as a person and understand that, let’s not look at the form but at the substance,” Mr. Afenyo-Markin added.

Source: classfmonline.com/Elikem Adiku