The Social Security and National Insurance Trust (SSNIT) must not offload its stake in four hotels to Agriculture Minister, Bryan Acheampong's Rock City, warned the Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG), Isaac Bampoe Addo.
Declaring the group's opposition to the deal, Mr. Bampoe Addo told journalists after a meeting with the Board of SSNIT on Thursday, May 30, that Organised Labour is "not convinced" about the sanctity of the deal.
"There are so many negatives in the transaction that we have pointed out to them," he noted.
"How can you go through a tender process and give specifications, and along the line, you change the specifications?" Mr. Bampoe Addo wondered.
He said, "Our Procurement Act does not allow this. We have told them to cancel the deal."
"We will take control. This is our money. We will take control; SSNIT does not need to go ahead with the deal," he insisted.
"They dare not go ahead with the deal, and we have asked for a total restructuring of SSNIT," he warned.
Credit: classfmonline.com
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