The Coalition for Democratic Accountability and Inclusive Governance has articulated potential intentions to pursue legal recourse should the transaction between the Social Security and National Insurance Trust (SSNIT) and Agriculture Minister, Bryan Acheampong, progress. The Coalition has voiced significant apprehensions regarding the agreement, particularly accentuating a potential conflict of interest.
The contention orbits the sale of SSNIT’s 60 per cent shares in four hotels to Bryan Acheampong’s company, Rock City.
Detailed information on how Rock City secured the successful bid for these assets has been demanded by the Coalition. Their unease emanates from the imperative to ensure that the transaction was executed equitably and transparently.
In dialogue with journalists on Wednesday, May 22, Edem Senanu, a member of the Coalition, underscored the group’s dedication to pursuing all requisite measures to ensure accountability in this affair.
Mr Senanu emphasized that the Coalition is prepared to pursue legal avenues if it is established that any illegality transpired in the transactional process.
As per Mr Senanu, the Coalition entertains the belief that the transaction may have contravened legal standards, and they are ready to litigate to redress any such infringements.
The primary goal of the group is to guarantee that the sale adheres to principles of transparency and fairness, devoid of conflicts of interest.
In conclusion, the Coalition for Democratic Accountability and Inclusive Governance insisted that they are poised to take a stand against the SSNIT transaction with Bryan Acheampong.
“There has been an illegality, so one has to review the process. So I don’t think that the horse has bolted. I think there is still an opportunity.
“SSNIT itself has said it recognizes and acknowledges that CHRAJ is investigating, and I think that is the way to go. Our position is that fundamentally, the reasons we have been provided raise red flags, let alone the processes and methodology.”
“What the money is going to be used for, how it is going to generate the objectives they set out to achieve. There is no clarity on any of these. I think that there is still time to make amends if we as a country want to do that.”
“If we get to the point where we think that it is necessary to take court action, we will discuss that and look into it, but we haven’t been to court.
“If we have to, we will get to a point where we assess that the Coalition needs to do that. That is definitely an option that will be explored.”