Member of Parliament for North Tongu Constituency, Samuel Okudzeto Ablakwa, says that Ghanaians are rallying to halt state capture, citing concerns over the lack of due process and protection of public assets.
He expressed appreciation for those who joined him in protesting the sale of a 60% stake in four SSNIT hotels to Rock City Hotel, owned by Bryan Acheampong.
This follows the Social Security and National Insurance Trust (SSNIT) explaining its decision to sell a 60% stake in four of its hotels to Rock City Hotel, owned by Bryan Acheampong, Ghana's Minister for Food and Agriculture, and a New Patriotic Party (NPP) Member of Parliament for Abetifi Constituency.
In a statement issued on Sunday, May 19, SSNIT explained that Rock City Hotel Limited submitted the best and strongest technical and financial proposal among the bids received, meeting the criteria set out in the Request for Proposals (RFP).
According to SSNIT, the selection process was transparent and strictly adhered to the Public Procurement Act.
Speaking on the JoyNews AM show however, Mr. Abkakwa stated, "All our partners, the TUC, the Federation of Labour, the coalition of youth groups, the Ga Dangme Council, and all of those, I am eternally grateful to all of them, the NDC, the minority caucus, and our leadership, who have offered tremendous support. This has become an overwhelming, massive national quest to stop state capture”.
The MP said that the criticism directed at him would continue, recalling former Auditor General, Mr. Yao Domelevo's famous statement that when you step out to fight corruption, corruption will fight back.
Mr. Abkakwa clarified that he is not suggesting Ghanaians should refrain from doing business or investing their money, but his fundamental point is the absence of a clear policy justification and a solid business case for the sale of these SSNIT hotels.
“What is the reason why a very profitable hotel like the Labadi Beach Hotel, and I have all the financial statements, it's very profitable? Why would you be selling 60% shares in such a profitable venture that pays dividends every year? Last year, 25 million, the year before, 10 million.”
Latest Stories
-
Our educational system must be more talent and interests driven – Miranda Greenstreet
7 hours -
Every member of society should get an education – Former head of Institute of Adult Education
7 hours -
Kofi Bentil pushes for sweeping changes to prevent Kenyan-type protests in Ghana
7 hours -
Netherlands beat Turkey to set up Euro 2024 semis with England
8 hours -
Asante Kotoko announce two Sudanese signings
9 hours -
NAPO must tone down in his communication – Ricketts-Hagan
9 hours -
NSMQ2024: How tie-breaker bought Pope John a lifeline to the grand finale
9 hours -
There’s growing despair and desperation in Ghana – Arthur Kennedy warns politicians
9 hours -
Photos: Mahama campaigns on the streets of La Dadekotopon
10 hours -
England beat Switzerland on penalties to reach Euro 2024 semis
10 hours -
Social protection must be a right – Central Region Deputy Social Welfare Director
12 hours -
Food crisis: 82 million Nigerians may go hungry soon, UN warns
12 hours -
Leaked video: Serwaa Amihere didn’t misconduct herself – EIB declares
12 hours -
Empowered by LEAP: Mary Gbodzor’s path to stability
13 hours -
I’ve worked hard for my Black Queens return – Mukarama Abdulai
13 hours