Ghanaian journalist Bridget Otoo is advocating for a complete and permanent cancellation of the sale of SSNIT hotels, rather than just a withdrawal.She asserts that Bryan Acheampong's confirmation that Rock City has withdrawn its bid to purchase shares in SSNIT hotels does not fully resolve the issue.The broadcaster has instead, called for an outright cancellation of the entire process of selling the national assets.

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In a post shared on X, she wrote, "withdrawal can still lead to pregnancy, we want complete termination which guarantees protection! #HandsOffOurHotels."

City Hotel has withdrawn the bid to purchase 60 percent shares in four hotels owned by the Social Security and National Insurance Trust (SSNIT), Bryan Acheampong, who has interest and shares in Rock City has confirmed.The hotels

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include La Palm Beach Hotel, Labadi Beach Hotel, Royal Ridge Hotel and Elmina Beach Hotel.The decision to withdraw the bid comes after Organised Labour on Friday threatened to embark on a nationwide strike beginning Monday, July 15, if SSNIT proceeds with the decision to sell the hotels to Rock City Hotel.In a letter dated July 12, 2024, addressed to the Director-General of SSNIT, Mr.

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Kofi Osafo-Maafo, Rock City Hotel expressed their disappointment at the lack of stakeholder engagement, which they believe has led to the negativity surrounding their bid.Dear Director General,NOTICE OF WITHDRAWAL OF BIDAt all material times, we believed that we had participated in an internationally competitive bid and were happy to have learned of our success having edged out the 15 other organisations that participated in the process.

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It therefore came as a total surprise to us that some of your stakeholders have raised concerns about your decision to seek strategic partners for these hotels.We have also taken note of ongoing media discussions on your decision to seek strategic investors for these hotels.We have also taken note of your recent media engagements and press statements ostensibly defending your decision to seek to a strategic investor.

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Flowing from all the commentary monitored and the undue negativity that has attended this commentary, we feel you have not done enough to engage all your stakeholders, leading to perceptions that we don't want associated with our brand.We believe that such negativity is not only injurious to our brand but also jeopardises the success of the investment we intend to make in these hotels.

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Therefore, we are writing to inform you of our decision to withdraw our bid and discontinue our pursuit of this investment opportunity.Finally, in the interest of accountability and transparency, we consent to you releasing all or whatever parts of our bid documents for public scrutiny or publish same if it should become necessary.We wish you continuous success in your endeavours.<img

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