Audio By Carbonatix
Ghana's Information Minister, Fatimatu Abubakar has waded into the controversy surrounding the proposed sale of 60% of the Social Security and National Insurance Trust (SSNIT)'s stake in four hotels to MP and Minister of Agriculture, Bryan Acheampong’s Rock City Hotels Limited.
The young minister believes the deal will aid in restructuring SSNIT and facilitate its recovery suggesting that it would be unfair to overlook Mr Bryan Acheampong's competence in managing hotels, his financial capacity and business experience merely because he's a public officeholder.
Speaking during a courtesy visit to the Multimedia Group Limited aimed at engaging the Ministry’s stakeholders and outlining current programmes being implemented, the Minister urged the public to view the owner of Rock City Hotels not merely as a Cabinet Minister, but as a dedicated Ghanaian investor committed to enhancing these properties and supporting SSNIT's growth.
"If there was a decision over five years by the fund managers that we want to diverse, let us get other people who are able to inject capital so that these facilities are revamped and fixed in such a way that they are competitive and generate more revenue, it is a good thing to do," she stressed.
The assertion follows concerns raised about a potential conflict of interest in the transaction. This development has ignited extensive criticism, with North Tongu MP Samuel Okudzeto Ablakwa filing a petition with the Commission on Human Rights and Administrative Justice (CHRAJ).
Mr Ablakwa’s petition seeks an investigation into various allegations, including conflict of interest, abuse of power, lack of due process, procurement breaches, cronyism, and graft.
But the Information Minister insists that the Agric Minister has a good track record when it comes to revamping and managing hotel facilities.
"It is also interesting that people have forgotten that Rock City is now known as one of the biggest hotel facilities in the sub-region.
"Is it only because this person is politically exposed, so all of a sudden his credit score is not taken into consideration, his financial capacity that precedes his political office and even precedes his coming into office as an MP, it means nothing. Because he ha become a cabinet minister, the portfolio affects his work retrospectively and all other business interests and engagements that he has must cease? Let us look at it again.
Latest Stories
-
Only 14% of the world’s cities breathed safe air in 2025, new global report finds
30 minutes -
Ghana’s air quality improves for the first time since 2021; country places 11th in Africa – IQAir 2025 report
36 minutes -
Chad, DR Congo have dirtiest air in Africa; Réunion, Canary Islands cleanest, IQAir 2025 report
44 minutes -
Divine Mission Academy advances to finals of 2026 Luv FM VitaMilk Primary Schools Quiz
1 hour -
University of Ghana beat UENR to reach 2026 Honda Football Championship final
2 hours -
President Mahama urges international partners to respect Ghana’s position on LGBTQ issues
2 hours -
UDS edge UBIDS to reach 2026 Honda Football Championship final
2 hours -
Gender Minister holds first quarter ministerial advisory board meeting
2 hours -
Yirenkyi, Adjetey score lowest as Ayew tops ratings in Austria annihilation
2 hours -
Mahama courts diaspora support, highlights $7.8bn contribution to Ghana’s economy
3 hours -
President Mahama honoured with International Statesperson Award in US
3 hours -
Biggest winners from Ghana’s defeat to Austria
3 hours -
Gov’t working to address salary arrears of 2024 teachers – Education Minister assures
3 hours -
‘Democracy Is Not for Sale’ forum ends with strong calls to tackle vote buying, reform political financing
4 hours -
Parliament rejects Minority motion to investigate GoldBod losses
4 hours
