
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
-
Reform military budgeting process to reduce corruption risks – Dr Sowatey
1 minute -
John Boadu backs Wontumi, urges party supporters to remain calm after conviction
4 minutes -
Foreign Affairs Minister welcomes Burundi President, AU officials for 2026 Accra health summit
5 minutes -
EduSpots selected among 31 organisations worldwide for FIFA Global Citizen Education Fund
16 minutes -
Ghana becomes first African country to sign accelerated patent grant deal with US
17 minutes -
Mahama, former presidents, other dignitaries to attend Apostle Kwadwo Safo’s funeral – Family confirms
22 minutes -
Ukrainian drones hit more sites of Russian online retailer Wildberries
26 minutes -
ECG announces planned power outages in five regions
26 minutes -
Contractors on $500m World Bank road projects will face sanctions for poor work – Agbodza
28 minutes -
Three killed, 11 injured in head-on collision at Ajumako Kokoben
29 minutes -
Korle-Klottey, Tema and Accra Metro lead HIV table in Greater Accra – AIDS Commission
1 hour -
Stonebwoy, Fameye, DopeNation and Akwaboah to headline Ghana for Gold concert in Scotland on August 1
1 hour -
NPP Ashanti Region clears 34 aspirants ahead of August 16 regional executive elections
2 hours -
GMet forecasts thunderstorms in northern Ghana as mist and fog affect southern areas
2 hours -
Three remanded over alleged lynching of man at Sabon Zongo in Kumasi
2 hours