The Social Security and National Insurance Trust (SSNIT) is selling 60% of its shares in the Elmina Beach Resort, Ridge Royal Hotel, La Palm Royal Beach Resort, and Labadi Beach Hotel to Rock City Hotel.
Rock City which is owned by Dr. Bryan Acheampong, the Minister of Food and Agriculture, according to SSNIT, presented the best bid for the purchase of the hotels.
However, serious concerns have been raised by stakeholders regarding conflict of interest, with Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, petitioning CHRAJ to investigate the matter.
Following the development, Majority Leader in Parliament, Alexander Kwamina Afenyo-Markin, has implored the Minister of Agriculture to release the documents pertaining to the purchase of the hotels.
He says it would be necessary for the Trust to provide detailed explanation to the public since the assets in question belong to Ghanaians.
The Effutu Member of Parliament asked SSNIT not to be doggy since the issue is not a political matter for politicians to condemn or commend it.
“Let me make this appeal to SSNIT, SSNIT must come out, make the documents available, and speak to it. I mean, they cannot be dodgy. This is not a political matter. I cannot come and speak to it politically, condemn it, or commend it,” he indicated.
He tasked SSNIT to explain to the public, all of its investments that are failing.
“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.”
Ablakwa disappointed in Akufo-Addo for being silent over sale of SSNIT hotels to Agric Minister
