The Social Security and National Insurance Trust (SSNIT) has put the blame for the 13.6 billion cedis, which has virtually gone down the drain on the shoulders of its Director-General currently on leave, Mr Charles Asare, writes The Dispatch.

An April 2001 Audit Report commissioned by SSNIT dropped the bombshell, that as at last March, SSNIT had spent 13.6 billion cedis (about $1.94 million) on a project which, according to the report, would not serve SSNIT's best interest.

It also named Mr Eddie Annan, Managing Director of MASAI, as another person related to the multi-billion cedi deal.

The revelation was contained in a letter from the acting Director- General of SSNIT, Mr Eric Adjei, to Mr Asare, in reaction to one from the latter, both of which were copied to the paper. Mr Asare had in his letter, queried Mr Adjei to articles in two editions of The Dispatch on the misapplication of over 13 billion cedis. In the letter, copied to the Minister for Finance, SSNIT's Solicitor Secretary and The Dispatch, Mr Asare urged Mr Adjei to set the records straight by sending a rejoinder to the Dispatch articles.