SSNIT Chair Clarifies Government’s Role in Hotel Shares Sale

by Louisa Afful
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Elizabeth Ohene, Chair of the Social Security and National Insurance Trust (SSNIT) Board, has refuted claims that President Akufo-Addo or the government influenced the decision to sell 60% shares of SSNIT hotels.

In her weekly column in the Daily Graphic, Ohene expressed surprise at assertions by MP Samuel Okudzeto Ablakwa linking the President and government to the sale process.

“I am baffled by how the President and government got involved in this. Mr. Okudzeto Ablakwa seems to know something I don’t,” she wrote.

Ablakwa led a protest against the sale on June 18, alleging government interference and petitioning CHRAJ to investigate.

Ohene clarified that the SSNIT Board operates independently and did not seek permission from the President or any minister regarding their decision to find a strategic investor for the hotels.

“The Board did not seek nor inform the President or any minister about the decision to involve a strategic investor in the hotels,” she explained.

She emphasized that the SSNIT Act does not require government involvement in such matters, asserting, “It was assumed that keeping the pension fund free from government influence was in everyone’s interest.”

Addressing Ablakwa’s protest at Jubilee House, Ohene remarked, “A protest ending at Jubilee House may be dramatic, but he was off target.”

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