Dr. Richard Fiadomor, President of the Chamber for Local Governance (CHALOG), has criticized the sale of a 60 percent stake in six hotels owned by the Social Security and National Insurance Trust (SSNIT).
He described this move as an attempt by President Nana Addo Dankwa Akufo-Addo and Agriculture Minister Bryan Acheampong to capture state assets.
In an interview on Ahotor FM‘s morning show ‘Adekyee Mu Nsem‘ with host Citizen Kofi Owusu, Dr. Fiadomor argued that selling off profitable hotels to a company struggling with its tax obligations makes no sense.
He suggested that instead of selling these viable hotels, the government should focus on appointing new management teams to improve their performance.
Dr. Fiadomor emphasized that the hotels are already profitable and managed by experienced professionals, unlike Rock City Hotel, which he implied is not as well-managed.
He expressed concern that the sale appears to be a sweetheart deal benefiting government cronies rather than a genuine effort to revive the hotels.
In his view, the government’s actions suggest a scheme to hand over valuable state assets to favored individuals, undermining the country’s interests. Dr. Fiadomor’s comments add to the growing debate over the sale of SSNIT’s hotels and the broader implications for state resources.
LISTEN TO DR. RICHARD FIADOMOR IN THE AUDIO BELOW:
Story by: Emmanuel Romeo Tetteh (#RomeoTetteh) / Ahotoronline.com
