Audio By Carbonatix
The Board Chair of the Social Security and National Insurance Trust (SSNIT), Elizabeth Ohene, has clarified that neither the President nor the government was involved in the decision to sell 60% shares of SSNIT hotels.
In her weekly column published in the state-owned newspaper, Daily Graphic, Miss Ohene expressed surprise over claims by the North Tongu MP, Samuel Okudzeto Ablakwa suggesting that President Akufo-Addo and his government were involved in the process.
“I am at a total loss to understand how the President and the government got into this. Mr Okudzeto Ablakwa appears to know something I don’t,” parts of her article read.
On Tuesday, June 18, Mr Ablakwa, led a protest against the intended sale of 60% stake in four SSNIT-owned hotels to a hotel owned by the Minister of Food and Agriculture, Bryan Acheampong.
This was after he had petitioned the Commission for Human Rights and Administrative Justice (CHRAJ) to probe the transaction.

The NDC MP stated that the protest was aimed at compelling the president to prevent the sale of these hotels.
But breaking her silence on the matter, Miss Ohene said the SSNIT Board of Trustees operated independently and did not seek permission from or inform the President or any government minister regarding their decision to seek a strategic investor for the hotels.
“The Board of Trustees certainly did not go to get permission or even inform the President of the Republic or any Minister about the decision to seek a strategic investor to take a stake in the hotels,” she wrote.
She continued, "The Board did not need such permission, was not obliged to inform the government, and did not do so. I have seen no evidence in the records of past boards going to the government or the President to get permission to make an investment decision."
She underscored that the SSNIT Act does not mandate government involvement in such decisions adding that “I had thought it was in everyone’s interest that the pension fund be kept away from government interference.”
Taking on Mr Ablakwa for involving the President during his protest, Miss Ohene said, “Obviously, a demonstration is more sexy when it ends at Jubilee House, but I assure the Honourable Member for North Tongu, he was out by a long shot.”
Latest Stories
-
USTED dean warns GAUA strike could disrupt Ghana’s restored academic calendar
4 minutes -
Bechem meat processing factory 50% complete, set for March 2027 completion – Kwakye Ofosu
18 minutes -
Titus Glover criticises Mahama’s appointment of Afi Agbenyo as EC Deputy Chairperson
23 minutes -
GoldBod initiative has created over 1,300 public and private sector jobs – Sammy Gyamfi
26 minutes -
Financial wellness key to retaining Ghana’s skilled workforce – Merban Capital CEO, Benjamin Ackah-Nyamike
28 minutes -
Sidney Nii Oko Bampoe & Isaac Akuetteh Addo
35 minutes -
Haruna Iddrisu calls for ‘Big Push’ investment in health, education, sports and agriculture
36 minutes -
Ghanaian youngster Prince Amoako Jnr reaches new milestone with FC Nordsjælland
38 minutes -
Ho Teaching Hospital to get cardiology centre under Ghana Medical Trust Fund
41 minutes -
PAC pushes for effective use of GH¢25m by Tree Crops Development Authority
43 minutes -
UK MEET Fellowship challenges journalists to look beyond AI hype
45 minutes -
Kurt Okraku’s regime has ‘failed to perform’ – Kudjoe Fianoo demands resignation of GFA Executive Council
45 minutes -
Afenyo-Markin’s influence is limited by minority numbers in Parliament – Haruna Iddrisu
48 minutes -
Police administration is doing a yeoman’s job – President Mahama
51 minutes -
GoldBod tells PAC Bank of Ghana authorised its foreign exchange transactions
51 minutes