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
-
Catholic Bishops welcome task force to tackle drug menace, acknowledges NACOC’s efforts
2 minutes -
Ghana Catholic Bishops demand urgent action against drug trafficking
7 minutes -
Tamale: 5 arrested over suspected drug activities; police seize pistols, narcotics
17 minutes -
We have lost a great developer – Mankranso residents pay tribute to late DCE
19 minutes -
Ghana Law Society sets September 30 for maiden Bar Conference on legal reforms
43 minutes -
GPL Week 3: Port City’s Gyetuah bags a brace as 9 outstanding players named NASCO Players of the Match
58 minutes -
Visibility without substance is just noise; I don’t seek popularity—Dr Oppong-Fosu
1 hour -
The late Abubakar Sedik was an exceptional DCE – Ashanti Regional Minister
1 hour -
Black Stars must win next game against Côte d’Ivoire – Carlos Queiroz
2 hours -
Global Game Scouting Tournament set for September 25 kick-off in Accra
2 hours -
Queiroz outlines long-term plan to rebuild Black Stars for 2030 World Cup
3 hours -
‘Most important trophy now is the next game’ – Carlos Queiroz
3 hours -
Mahama to host high-level Accra Reset meeting to assess progress, renew commitments
4 hours -
Ahafo Ano South West DCE laid to rest as Muslims hold final prayers
4 hours -
Ghanaian professor Kofi Akamani shot dead in US; wife arrested
5 hours