Nkonkonsa Celebrity Gossip From Africa
Member of Parliament for North Tongu has disclosed that Ghana is paying Transaction Advisor for SSNIT’s sale of 60% stake in its stake in their six hotels a whooping US$491,986.00 (GHS7.1 million at the current exchange rate).
According to him, selling strategic state assets does not come cheap and therefore there is a need to stop it now.
Okudzeto Ablakwa has insisted that there was a conflict of interest in the selection of Bryan Acheampong’s Rock City by SSNIT.
He has since reported the issue to the Commission on Human Rights and Administrative Justice (CHRAJ) for an investigation into the procurement process among others.
The six hotels SSNIT intends to sell 60% shares out to Rock City includes
1) Labadi Beach Hotel (5-Star/164 Rooms)
2) La Palm Royal Beach Resort (4-Star/152 Rooms)
3) Elmina Beach Resort (3-Star/100 Rooms)
4) Ridge Royal Hotel (3-Star/79 Rooms)
5) Busua Beach Resort (3-Star/62 Rooms)
6) Trust Lodge Hotel (Purpose-Built-Hospitality-Block/10 Rooms)
In pursuit of full transparency and accountability, I can today reveal that the Transaction Advisor for SSNIT’s sale of 60% stake in its hotels to Bryan Acheampong’s Rock City is SEM Capital.
It’s costing Ghanaian workers a hefty US$491,986.00 (GHS7.1million at current exchange rate) in paying SEM Capital to advise on a transaction the overwhelming majority of Ghanaian workers do not support.
Selling strategic state assets don’t come cheap, that is why we insist SSNIT should first have engaged in broad consultations.
Stop the sale NOW!
End State Capture NOW!!
NKONKONSA.com
