NDC Member of Parliament for North Tongu constituency, Samuel Okudzeto Ablakwa, has thrown a jab at the former Chairman of the ruling New Patriotic Party (NPP), Mr. Freddie Blay, over the ongoing impasse surrounding the alleged sale of some hotels belonging to Social Security and National Insurance Trust (SSNIT).
The North Tongu lawmaker has petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) over the alleged sale of some hotels belonging to SSNIT to Rock City Hotel, a hotel belonging to the NPP Member of Parliament for Abetifi and the minister of Agriculture, Bryan Acheampong.
Mr. Blay, in an interview on TV3 on June 24, 2024, affirmed that his son, who is into the Tourism and Hospitality sector, submitted a bid of not less than 200 million for about seven SSNIT hotels but lost to the highest bidder.
In spite of his inability to discuss the denomination in which the bidding was conducted, all indications revealed that the bidding was done in the United States Dollars (USD).
In his official Facebook Page, Mr. Ablakwa wrote, “We were told Bryan Acheampong offered the highest bid of US$ 61 million; now former NPP Chairman, Freddie Blay also says his 34-year-old son offered 150 to 200 million for the SSNIT hotel.”
However, in a related post on Facebook on Thursday, June 27, 2024, Mr. Ablakwa posted, “Mr. Freddie Blay must understand that even though I don’t know how US$200million looks like, I certainly know how the truth looks like.”
Read his full facebook post below:
Mr. Freddie Blay must understand that even though I don’t know how US$200million looks like, I certainly know how the truth looks like.
See attached a full publication of the November 2020 Joint Venture Agreement between Freddie Blay’s son, Kwaw Blay; his estranged business partner Loic Devos Jnr; and Labadi Beach Hotel.
This JV covers the same beachfront the Blays are now publicly claiming ownership over.
If the beachfront did not belong to Labadi Beach Hotel as Mr. Freddie Blay now claims, why did they first approach Labadi Beach Hotel and why did they enter into a joint venture agreement which concedes the obvious — that Labadi Beach Hotel owns its beachfront.
Insiders at the helpless Labadi Beach Hotel now regret signing this JV as they couldn’t have predicted at the time that it was all a trap meant to give Kwaw Blay initial access.
Remember the JV was violently breached causing Labadi Beach Hotel to lose substantial revenue even ahead of Labadi losing its beachfront.
I am also attaching a statement by the management of Labadi Beach Hotel issued on November 13, 2023 following a Bright Simmons social media post about political heavyweights encroaching on the hotel’s beachfront. From the statement, Labadi Beach Hotel’s MD promised to reclaim its beachfront — unfortunately, the forces they came up against were just too powerful.
Please analyze the documents and make your own conclusions.
I won’t be intimidated with threats of legal action— truth stands, and only truth guarantees freedom.
State Capture shall surely be defeated.
For God and Country.
Ghana First
Source: peacefmonline.com
