The Trades Union Congress (TUC) has voiced strong disapproval over the Social Security and National Insurance Trust (SSNIT) selling its 60% stake in four hotels to the Agriculture Minister.
Dr Kwabena Nyarko-Otoo, the TUC’s Director of Research and Policy, did not hold back during an interview on Joy News’ PM Express on Tuesday, stating, “We will not sit idle for this to just pass. Besides all the technicalities, we think that it undermines governance.”
The Social Security and National Insurance Trust (SSNIT), has explained its decision to sell a 60% stake in four of its hotels to Rock City Hotel, owned by Bryan Acheampong.
In a statement issued on Sunday, May 19, SSNIT explained that Rock City Hotel Limited submitted the best and strongest technical and financial proposal among the bids received, meeting the criteria set out in the Request for Proposals (RFP).
According to SSNIT, the selection process was transparent and strictly adhered to the Public Procurement Act.
Source:Mybrytfmonline.com