The Secretary General of the Ghana Federation of Labour, Abraham Koomson has spoken strongly against the sale of a 60% stake in four hotels of the Social Security and National Insurance Trust (SSNIT) to Rock City Hotel owned by Bryan Acheampong, the Minister for Food and Agriculture.

According to him, instead of selling the four hotels to Bryan Acheampong, the government should appoint the minister as the Chief Executive Officer (CEO) of the hotels to turn their economic fortunes for the better if he is deemed competent.

“Why do you sell national assets? Why should we sell such hotels in these prime areas? For what? For how much?

“If Bryan Acheampong has the capacity to run and operate the SSNIT hotels, why don’t we employ him? Instead of selling the hotels to him, he should be appointed as CEO to run the hotels for us,” he said on Saturday in a report on myjoyonline.com.

Abraham Koomson noted that SSNIT has been financially buoyant, mentioning that the trust fund has had a steady inflow of contributions and does not face capital shortages.

“SSNIT can’t complain about money because every month they need not go anywhere to go and look for a loan or whatever, the inflow from the contributions just comes in. If you are an employer and you default payment, you’d be in trouble. So SSNIT cannot complain of capital,” he argued.

The labour leader also emphasised the ownership of SSNIT by workers, noting that the government does not contribute to the fund. He called for an amendment to the National Pensions Act to protect workers' assets.

EAN/BB

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