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Sale of SSNIT hotels: Release documents on sale of hotels – Afenyo-Markin

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The Majority Leader in Parliament, Alexander Afenyo-Markin, has urged the Social Security and National Insurance Trust (SSNIT) to make public documents pertaining to the sale of its shares in four hotels to Dr. Bryan Acheampong, the Minister for Food and Agriculture.

SSNIT is nearing completion of the sale of 60% of its shares in the Elmina Beach Resort, Ridge Royal Hotel, La Palm Royal Beach Resort, and Labadi Beach Hotel to Rock City Hotel, owned by Dr. Acheampong.

Concerns about a potential conflict of interest in the transaction have been raised by stakeholders, leading the MP for North Tongu, Samuel Okudzeto Ablakwa, to petition CHRAJ to investigate the deal.

Nevertheless, Afenyo-Markin has urged SSNIT to offer a comprehensive explanation of the deal to the public.

“Let me make this appeal to SSNIT, SSNIT must come out, make the documents available, and speak to it. I mean, they cannot be dodgy. This is not a political matter. I cannot come and speak to it politically, condemn it, or commend it. SSNIT must come out, and even not only this decision, [it must] look at all their investments that are failing and explain them to the public,” he said.

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