The Member of Parliament of North Tongu and Chairman of Operation Recover All Loot (ORAL), Samuel Okudzeto Ablakwa, has taken steps to re-submit the Protection of State Assets Bill to Parliament.

He shared this development on his X page on Wednesday, January 15, 2024, stating, "Today I initiated formal steps to re-present to the 9th Parliament our Private Member’s Bill known as the Protection of State Assets Bill, which seeks to prohibit politicians and politically exposed persons from buying state assets."

He also expressed optimism that the 9th Parliament would pass the bill aimed at safeguarding state lands.

"This bill is definitely the permanent solution to the deleterious canker of State Capture. I am extremely confident that it shall be passed by this 9th Parliament and President Mahama will assent to it. It is most refreshing that we can passionately demonstrate our principled and consistent position on this matter, whether in government or in opposition. State Capture shall surely be defeated! For God and Country," he added.

The Public Assets Protection Bill 2024, currently in draft form, outlines punishments and the forfeiture of state assets acquired unlawfully by prohibited individuals.

The proposed legislation seeks to prevent political appointees, politically exposed persons, and private organizations from acquiring state lands, reinforcing efforts to protect national resources.

Read his post below:

Today I initiated formal steps to re-present to the 9th Parliament our Private Member’s Bill known as the Protection of State Assets Bill which seeks to prohibit politicians and politically exposed persons from buying state assets.

This bill is definitely the permanent solution…

— Sam Okudzeto Ablakwa (@S_OkudzetoAblak) January 15, 2025