Bryan Acheampong reacts to Ablakwa’s accusations

Samuel Okudzeto Ablakwa and Bryan Acheampong Samuel Okudzeto Ablakwa and Bryan Acheampong

The Minister of Food and Agriculture, Bryan Acheampong, has spoken for the first time about the controversy surrounding his company, Rock City Hotel Limited, over the purchase of shares in hotels belonging to the state-run Social Security and National Insurance Trust (SSNIT), after knowing more details. Details of the agreement were shared by North Tongu MP, Samuel Okudzeto Ablakwa.

In an interview on Joy FM on Tuesday, May 21, 2024, Bryan Acheampong, who is also the Member of Parliament (MP) for Abetifi, refuted the North Tongu lawmaker’s claim that there was anything untoward in his company’s decision to purchase . the shares of SSNIT hotels.

He clarified that “there is no non-compliance” as Ablakwa claims because he is not involved in the management of Rock City.

He stated that although he is the owner of Rock City, he is not a director of the company as he claims, according to reports from

“I wish to state that there is a difference between Bryan Acheampong and Rock City. I own the company; I am the bearer of the vision, and that is what I have entrusted to you. From time to time, I check the progress being made with the vision.

“Rock City pays contributions for approximately 1,000 employees to SSNIT. You can check if my name is on that list. I’m not a director. I don’t make daily decisions for the company. “I am a non-executive director,” the minister said.

Ablakwa alleged that six hotels belonging to SSNIT are being sold to the Minister of Food and Agriculture, Bryan Acheampong.

In a post shared on social media on Friday, May 17, 2024, the parliamentarian indicated that the documents he intercepted show that negotiations to sell 60% of the shares of the six SSNIT hotels to the minister’s Rock City Hotel Limited are very advanced.

The North Tongu legislator stressed that the sale of state properties to government officials constitutes an abuse of power and should not be allowed to occur.

He added: “The six SSNIT hotels being sold are: Labadi Beach Hotel, La Palm Royal Beach Hotel, Elmina Beach Resort, Ridge Royal Hotel, Busua Beach Resort and Trust Lodge Hotel.”

Ablakwa further revealed that he had asked the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate and stop the minister from acquiring the hotels.

He said the minister’s actions not only constitute an abuse of power but also indicate a lack of due process, procurement violations, cronyism, corruption and a violation of the Constitution of Ghana.

SSNIT has also stated that it will sell 60% stake in the six hotels to Bryan Acheampong’s company because they submitted the best offer.

He also indicated that 4, not 6, shares of his hotels are being sold to Rock City, adding that the shares of the hotels were advertised for each interested person to make an offer.


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