A branch office of SSNIT
Google search engine

The Management of Social Security and National Insurance Trust (SSNIT) has discounted claims that the son of former Chairman of the New Patriotic Party (NPP), Freddie Blay submitted a bid of over $150 million for the 60% stake in the four hotels on sale.

The Director-General of SSNIT, Kofi Osafo-Maafo at a news conference on July 8 said, the company that bid for Freddie Blay’s son failed to meet the requirement.

“It is not accurate because the offer was never made. The offer was never even opened. They failed at the technical stage and therefore this assertion that they offered some 200 million dollars, this cannot be substantiated.”

“They can say whatever they want to, but it is simply not accurate that SSNIT was made an offer of a 150 to 200 million dollars, which is not true,” he stressed.

The SSNIT Director-General said, they will continue to engage stakeholders including the NPRA and the labour unions to address issues surrounding the sale of the hotel.

Read also:

We have not sold 60% shares of SSNIT hotels to Agric Minister – SSNIT’s Board Chairperson

By Daniel Opoku