Published
6 months agoon
The management of SSNIT has detailed its process to partner with Rock City Hotel Limited.
According to a statement released by SSNIT on Sunday, May 19, 2024, in an explanation on why it is in a process to partner a strategic investor to raise capital to invest in its hotels, and also assist in their management has said, the Rock City Hotel Limited submitted the best and strongest technical and financial proposal among all the bids received.
Their explanation was in reference to Hon. Samuel Okudzeto Ablakwa who had petitioned CHRAJ to investigate and stop what he alleged was a “sale of SSNIT’s hotels to Bryan Acheampong,”
Bryan Acheampong is the current member of Parliament for Abetifi and Minister of Food and Agriculture who is the Director and beneficial owner of Rock City Hotel Limited.
Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu has questioned SSNIT’s decision to partner Rock City.
Ablakwa’s argument is that, Bryan Acheampong, as a minister of state, should not be allowed to use his Rock City Hotel to partner SSNIT.
It is his case that it is a matter that bothers on “conflict of interest, abuse of power, lack of due process, procurement breaches, cronyism, and graft.”
“I have also drawn attention to blatant violations of Article 78(3) and 98(2) of the 1992 Constitution as diligent checks from Parliament’s Committee on Office of Profit reveal that Hon. Bryan Acheampong has not applied and does not have the permission of the Speaker of Parliament to hold an office of profit,” Ablakwa alleged.
Attached below is the full response from SSNIT management
The attention of the Management of Social Security and National Insurance Trust (SSNIT) has been drawn to a discussion on Metro TV’s Good Morning Ghana Programme on Friday, 17th May, 2024.
The discussion partly covered SSNIT’s strategic decision to divest 60% of its stake in the six (6) hotels in its investment portfolio.
The Management of SSNIT wishes to comment as follows:
SSNIT further wishes to assure pensioners, contributors and the public of its commitment to managing the affairs of the Trust prudently for the sustainability of the Pension Scheme.
Thank You
SSNIT, WE DELIVER ON OUR PROMISE
Issued by Management
Source: GhanaFeed.com
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