Cancel SSNIT Hotels Sale – Organised Labour

The Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG) Isaac Bampoe Addo, has disclosed that Organised Labour has asked the Board of the Social Security and National Trust (SSNIT) to cancel the ongoing plans to sell 60% shares in four hotels to Minister of Food and Agriculture, Bryan Acheampong.

Mr Bampoe Addo told Journalists after a meeting with the Board of SSNIT on Thursday, May 30 that Organised Labour firmly told the SSNIT Board to cancel plans to transfer the shares of SSNIT in those four hotels to Rock City Hotel, owned by Bryan Acheampong.

“We were not convinced. There are so many negatives in the transaction that we have pointed out to them. How can you go through a tender process and give specifications and along the line you change the specifications? Our Procurement Act does not allow this. We have told them to cancel the deal.”

“We will take control, this is our money. We will take control, SSNIT does not need to go ahead with the deal, …they dare not go ahead with the deal, and we have asked for a total restructuring of SSNIT,” he said.