Merchant/Fortiz deal: TUC should make their voices heard – Awuku

Aspiring National Youth Organiser of the opposition New Patriotic Party (NPP), Samuel Awuku has expressed surprise at the silence of Organised labour in the controversial Merchant Bank-Fortiz Deal.

Mr Awuku is of the view that since the Trade Union’s Congress (TUC) and Organised Labour are to represent the interest of Ghanaian workers, their voice should have been heard just like in the case of the utility tariff increment.

TUC is represented by its Secretary General, Kofi Asamoah, on the SSNIT (Social Security and National Insurance Trust) board that approved the deal; ‘hence their voice should be heard’.

SSNIT had agreed to sell Merchant Bank to Fortiz Equity Fund, a private equity fund business for 90 million Ghana cedis.

This takeover has however become controversial as various ‘shady’ angles concerning the transaction are emerging.

Contributing to a panel discussion on ‘Kokrokoo’, Samuel Awuku said: “Organized labour and TUC, should also show interest in this case because they represent workers. I am surprised about the silence; the noisy silence of TUC and organised labour.”

Source: GhanaWeb

You may like

Kennedy Agyapong has had his fine reduced to $500

Blow to Anas Aremeyaw: Kennedy Agyapong dodges $18m bullet, court slashes damages to $500

Peter Turkson

Ghana’s Peter Turkson among key contenders as Vatican eyes next pope

Chop bar

Foreign aid fails Ghana’s chop bar workers, new findings reveal

Qatar opens Quran centre in Accra

Qatar-funded Al-Mustafa Mosque opens in Accra as new centre for worship and Quranic studies

Ghana military leaders in Zimbabwe

Ghana military delegation tours Zimbabwe’s model waste facility

Ghana's economy is recovering

Ghana’s inflation eases again as stronger cedi boosts economic recovery

Public notice
WP Radio
WP Radio
OFFLINE LIVE