Rock City Hotel has withdrawn its bid to purchase the 60 percent shares of some four hotels owned by the Social Security and National Insurance Trust.
The company’s decision to withdraw its business comes a few moments after organised labour threatened to embark on a strike on Monday, July 15, if SSNIT goes ahead with the decision to sell the hotels to Rock City Hotel, owned by Agriculture Minister Bryan Acheampong.
Rock City Hotel has written officially to SSNIT, announcing its decision to withdraw the bid.
In a letter addressed to the Director-General of SSNIT, Mr. Kofi Osafo-Maafo, Rock City Hotel said it was disappointed at the lack of stakeholder engagement, which they believe has led to the negativity surrounding their bid.
Rock City also pledged to release all or parts of their bid documents for public scrutiny or publication if necessary as part of efforts aimed at promoting transparency and accountability.
“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 to be 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.”
By: Rainbowradioonline.com/Ghana
