Ahiagbah
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The
Director
of
Communications
of
the
New
Patriotic
Party
(NPP)
Richard
Ahiagbah
has
said
that
the
recent
halt
of
the
attempt
by
the
Social
Security
and
National
Insurance
Trust
(SSNIT)
to
sell
60%
of
its
shares
in
the
five
hotels
is
a
testament
to
the
power
of
organized
labor
and
advocates.
He
said
the
unwavering
dedication
of
labour
to
the
sale
has
prevailed,
sending
a
clear
message.
However,
he
added,
while
this
may
seem
like
a
victory
worth
celebrating,
Ghanains
must
also
consider
the
precedent
we
have
set.
“Are
we
opening
the
door
to
future
interference
in
public
offerings
based
on
political
affiliations?
This
could
harm
corporate
governance,
market
confidence,
and
overall
certainty.
“Just
as
we
are
bound
to
respect
a
referee’s
decision
in
a
football
game,
we
must
also
abide
by
the
outcomes
of
democratic
processes,
even
if
they
don’t
align
with
our
preferences.
While
I
empathize
with
the
workers’
concerns,
we
must
also
consider
the
implications
of
impeding
a
legitimate
corporate
decision.
We
must
deeply
reflect
on
the
potential
long-term
consequences
of
this
precedent,”
he
wrote
on
X.
The
recent
halt
of
SSNIT’s
attempt
to
sell
60%
of
its
shares
in
the
five
hotels
is
a
testament
to
the
power
of
organized
labor
and
advocates.
Their
unwavering
dedication
to
the
sale
has
prevailed,
sending
a
clear
message.However,
while
this
may
seem
like
a
victory
worth…
pic.twitter.com/bHORrzNJWx—
Richard
Ahiagbah
(@RAahiagbah)
July
13,
2024
His
comments
come
after
SSNIT
announced
its
discontinuation
of
the
sale
of
the
60%
shares
in
the
four
hotels.
This
comes
after
several
labour
unions
announced
their
decision
to
embark
on
a
nationwide
strike
following
approval
by
the
National
Pensions
and
Regulatory
Authority
(NPRA)
for
SSNIT
to
procced
with
the
sale
of
60%
shares
in
the
four
hotels.
A
statement
released
by
SSNIT
on
Friday,
July
12
announced
to
the
public
the
termination
of
the
controversial
sale
of
the
shares
in
the
hotels.
“The
Board
and
management
of
Social
Security
and
National
Insurance
Trust
(SSNIT)
wish
to
inform
the
public
that
the
process
to
divest
60%
of
SSNIT’s
stake
in
the
hotels
has
been
terminated,”
Board
Chair
of
SSNIT
Elizabeth
Akua
Ohene
said
in
the
statement.
SSNIT
assured
pensioners
and
contributors
of
managing
the
affairs
of
the
Trust
“prudently
for
the
sustainability
of
the
Pension
Scheme.”
