Afenyo-Markin Urges SSNIT to Release Documents on Hotel Sales

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

SSNIT is finalizing 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 have been raised, with North Tongu MP Samuel Okudzeto Ablakwa petitioning the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate.

Afenyo-Markin has emphasized the need for transparency, urging SSNIT to provide a detailed explanation to the public. He stated, “SSNIT must come out, make the documents available, and speak to it. They cannot be dodgy. This is not a political matter. I cannot address it politically, either to condemn or commend.”


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He also stressed the importance of SSNIT explaining not only this decision but all failing investments, suggesting that labor unions like the TUC would be more understanding if provided with thorough explanations. He urged that the focus should be on the substance of the transaction rather than on Dr. Acheampong as an individual.


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