GFL welcomes NPRA’s directive to SSNIT to halt sale of hotels

The Ghana Federation of Labour (GFL) has commended the National Pensions Regulatory Authority’s (NPRA) directive to the Social Security and National Insurance Trust (SSNIT) to suspend the sale of government’s stake in some hotels.

The Secretary General of GFL. Mr Abraham Koomson who spoke to Power Kasiebo on TV XYZ stated that directive was commendable although it had delayed.

On Friday, June 28, the NPRA ordered for the suspension of ongoing negotiations with Rock City over the sale of four hotels– a move that has sparked controversy in the country.

“As you may be aware, section 67 (2) of the [National Pensions] Act requires us to issue relevant guidelines to guide your investment decisions,” the letter to SSNIT stated.

SSNIT was considering Rock City Limited– owned by the Minister for Food and Agriculture, Bryan Acheampong– as the Strategic Investor for the sale of its four hotels.

The sale of the properties: Labadi Beach Hotel, La Palm Royal Beach Hotel, Elmina Beach Resort, and Ridge Royal Hotel was opposed by the Minority in Parliament, resulting in a street protest aimed at getting President Nana Akufo-Addo to stop the transaction.

The GFL Secretary General who joined the protest against the sale of the hotels said the NPRA had taken a step to safeguard the future of Ghanaian workers.

“Although the directive was long overdue, I believe it comes to halt the stinking transactions,” Mr Koomson told Piesie Okrah in Akan.

He urged the NPRA to delve deeper into the transaction which he said was a rip-off.

Me Koomson also urged the labour unions to be interested in the matter and fight the sale of strategic state properties being sold to high profile officials and their cronies.

 

Source: Myxyzonline.com

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