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Halt the process of selling SSNIT hotels to Bryan Acheampong – Organize Labour

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published May 21, 2024
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Organized Labour says the government must reconsider the decision to sell the Social Security and National Insurance Trust (SSNIT) shares in four hotels to Rock City Hotel, owned by Bryan Acheampong.

This comes on the back of SSNIT almost done with the deal of selling its 60% shares in Labadi Beach Hotel, LA Palm Royal Beach Resort, Ride Royal Hotel, and Elmina Beach Resort to Rock City Hotel.

The North Tongu Member of Parliament, Okudzeto Ablakwa, has petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to probe the sale of six hotels including Labadi Beach Hotel, La Palm Royal Beach Resort, Elmina Beach Resort, Ridge Royal Hotel, Busua Beach Resort, and the Trust Lodge Hotel to Bryan Acheampong.

But SSNIT in response indicated that based on its criteria set out for the sale, Rocky City submitted the best among the proposals.

“Based on the criteria set out in the RFP, Rock City Hotel submitted the best and strongest technical and financial proposal amongst those received. Consequently, it is in negotiation with SSNIT to buy a 60% stake in each of the four (4) hotels (Labadi Beach Hotel, La Palm Royal Beach Resort, Ridge Royal Hotel, and Elmina Beach Resort),” SSNIT added in a statement.

At a press conference in Accra on Monday, the Secretary-General of the Trades Union Congress, Dr Yaw Baah asked the government to halt the process.

He warned of a potential nationwide strike by workers should the government ignore them and proceed.

“The process is going on and in fact, they are even speeding it up and we don’t think that is right.

“We do not think that the regulation that guides the sale of state assets was followed. We do not think that the necessary due diligence was done. we cannot imagine that state properties will be sold to a minister of state.”

“For us, it is state capture and that should be stopped and stopped immediately. And if the Minister for Pensions who is also the Minister for Employment and Labour Relations fails to stop SSNIT, we workers of Ghana, we own the funds, we will stop that process.”

Source: Ghana/Starrfm.com.gh/103.5FM

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TAGGED:bryan acheampongLabadi Beach HotelRock City Hotelsale of SSNIT hotelsSocial Security and National Insurance Trust (SSNIT)
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