Read Edina Omanhene’s 2022 protest letter to the presidency, SSNIT

Nana Kodwo Condua VI, Edina Omanhene Traditional Council Nana Kodwo Condua VI, Edina Omanhene Traditional Council

Following revelations that the Social Security and National Insurance Fund (SSNIT) is in the process of selling its shares in some hotel assets to a company owned by a sitting minister, further revelations have emerged relating to one of the properties in ask.

Samuel Okudzeto Ablakwa, the MP who first reported on SSNIT’s divestment plans, shared on social media a 2022 letter addressed to SNNIT with a copy to the Chief of Staff regarding the sale of the Golden Beach Resort.

The letter written on the letterhead of the Edina Traditional Council raised issues with the decision to sell the premises and stated that concerns were triggered: “…when Honorable Bryan Acheampong, Member of Parliament for Abetifi Constituency visited the site with investors.

“Our main concern is that the land on which the Resort is situated is owned by the Edina Traditional Council,” the letter signed by Nana Kodwo Condua VI, the area’s omanhene, read in part.

Ablakwa petitioned CHRAJ on the matter and insisted that a conflict of interest situation could have arisen in the transaction.

He captioned his post as follows:

“Even as SSNIT fails to respond to the constitutional and fundamental issues raised in my CHRAJ petition regarding the sale of the Ghana Hotels to Bryan Acheampong, more documents are emerging about the sickening levels of pressure and complete disregard for due process.

“The SSNIT and the Presidency contemptuously ignored this 2022 protest by the venerable Omanhen of the Edina Traditional Area, Nana Kodwo Condua VI, and continued with the sordid and unscrupulous deal to sell Ghana’s prized hotels to the Minister of Agriculture.

“No matter what it costs, we will ensure that these six hotels remain valuable properties of all Ghanaians and not of an NPP politician,” Ablakwa added.


The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has 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 MP claimed that documents he had intercepted showed that negotiations to sell 60% of the shares in 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.

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

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

He also clarified that shares of four, not six, of his hotels are being sold to Rock City, adding that the shares of the hotels were advertised for all interested parties to bid.

Bryan Acheampong has maintained that “there is no default” as Ablakwa claims because although he owns Rock City, he is not involved in its management.


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