• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ablakwa to Sponsor Bill to Prevent Politicians from Acquiring State Assets

evansjrby evansjr
May 21, 2024
Reading Time: 3 mins read
evansjrby evansjr
in General News
0
Ablakwa to Sponsor Bill to Prevent Politicians from Acquiring State Assets

Honorable Samuel Okudzeto Ablakwa

In a decisive move aimed at curbing the exploitation of state resources by politicians, Honorable Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu Constituency in the Volta Region, has announced his intention to sponsor a Private Member’s Bill in Parliament.

The bill according to the National Democratic Congress lawmaker will seek to expressly prevent politicians and politically exposed persons from participating, either directly or indirectly, in the acquisition of state assets.  

Honourable Ablakwa, a staunch advocate for transparency and ethical governance, emphasized that the bill is designed to close existing legal loopholes that some politicians have been exploiting to their advantage.

RelatedPosts

Tamale South MP Calls for “Minority Day” in Parliament

ORAL Must Remain and Succeed – CDD-Ghana Fellow

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

“After 16 years of crusading against politicians purchasing state assets under circumstances rife with conflict of interest, opacity, abuse of power, and unethical practices, I believe it is time to have a strong piece of legislation with deterrent sanctions to end this canker”.

Honorable Samuel Okudzeto Ablakwa, Member of Parliament North Tongu Constituency

Organized Labour Unions Applauded

Furthermore, the Ranking Member of the Parliamentary Committee on Foreign Affairs praised the leaders of organized labour for their swift and courageous action against the SSNIT sale of its 60% share of its four hotels to Honorable Bryan Acheampong.

He particularly singled out Dr Yaw Baah and Dr Isaac Bampoe Addo for organizing a prompt press conference condemning the atrocious efforts by SSNIT to sell Ghana’s hotels to President Akufo-Addo’s Minister for Food and Agriculture, Honorable Bryan Acheampong.

He commended the labour union leaders’ demand for the immediate termination of the sale of the four hotels belonging to SSNIT, warning of severe repercussions if their demands are not address by the government.

ADVERTISEMENT

Honourable Ablakwa further emphasized that it is in the government’s interest to heed the unambiguous demands of the organized labour and immediately abort the sale of the four hotels or risk the mother of all strikes as intimated by the labour unions.

While commending organized labour for it move, Honourable Ablakwa emphasized that his proposed bill aims to bring an end to what he describes as “naked state capture,” ensuring that state assets are protected from unscrupulous transactions that undermine public trust and the principles of good governance.

“Enough of the naked state capture. Thank you, organized labour, for courageously standing up for all Ghanaian workers; Ghana is grateful”.

Honorable Samuel Okudzeto Ablakwa, Member of Parliament North Tongu Constituency

Honourable Ablakwa’s comment comes following concerns raised by Ghana’s organized labour about the proposed sale of state-owned hotels by the Social Security and National Insurance Trust (SSNIT) to Honorable Bryan Acheampong, the Minister for Food and Agriculture and Member of Parliament for Abetifi.

The Organized labour leaders, including Dr Yaw Baah, Secretary-General of the Trade Union Congress (TUC), and Dr Isaac Bampoe Addo, Head of the Civil and Local Government Staff Association of Ghana (CLOGSAG), held a press conference to denounce the deal.

They condemned the planned sale as an egregious example of state capture and called for the deal to be immediately aborted.

The labour union leaders also warned the government that failure to heed their demands could result in widespread industrial action, including what they described as “the mother of all strikes.

READ ALSO: Sunak Calls ICC Prosecutor’s Arrest Warrants Request “Deeply Unhelpful

Tags: billHonorable Samuel Okudzeto Ablakwaorganized labor unionsSSNIT Hotels SaleState Capture
Please login to join discussion
Previous Post

Israel Urges Nations To Boycott ICC Arrest Warrants Against Its Leaders

Next Post

Media Personality Quizzes Benefits of Stevie’s Relocation To Ghana

Subscription Form

Related Posts

Tamale South MP Calls for “Minority Day” in Parliament
General News

Tamale South MP Calls for “Minority Day” in Parliament

October 23, 2025
ORAL Must Remain and Succeed – CDD-Ghana Fellow
General News

ORAL Must Remain and Succeed – CDD-Ghana Fellow

October 23, 2025
Deputy Presidential Spokesperson Shamima Muslim
General News

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

October 23, 2025
Ing. Kwabena Agyei Agyepong 2 edited
General News

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

October 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Tamale South MP Calls for “Minority Day” in Parliament
General News

Tamale South MP Calls for “Minority Day” in Parliament

by Richmond EllehOctober 23, 2025
ORAL Must Remain and Succeed – CDD-Ghana Fellow
General News

ORAL Must Remain and Succeed – CDD-Ghana Fellow

by Emmanuel Tibila BoasahOctober 23, 2025
State Department Defends Decision To Revoke Chinese Student Visas
USA

Rubio Heads To Israel In Support Of Ceasefire Implementation

by Comfort AmpomaaOctober 23, 2025
11 Illegal Miners Arrested by Blue Water Guard
Extractives/Energy

11 Illegal Miners Arrested by Blue Water Guard

by Bless Banir YarayeOctober 23, 2025
Brent Crude Could Spike to $110 – Goldman Sachs 
Extractives/Energy

Oil Prices Surge Over 4% as U.S. Sanctions Russia’s Oil Giants 

by Prince AgyapongOctober 23, 2025
China Completes New 6,088-Meter-Deep Well At Bohai Oilfields
Asia

China Vows To Build Modern Industrial System

by Comfort AmpomaaOctober 23, 2025
Tamale South MP Calls for “Minority Day” in Parliament
ORAL Must Remain and Succeed – CDD-Ghana Fellow
State Department Defends Decision To Revoke Chinese Student Visas
11 Illegal Miners Arrested by Blue Water Guard
Brent Crude Could Spike to $110 – Goldman Sachs 
China Completes New 6,088-Meter-Deep Well At Bohai Oilfields

Recent News

Tamale South MP Calls for “Minority Day” in Parliament

Tamale South MP Calls for “Minority Day” in Parliament

October 23, 2025
ORAL Must Remain and Succeed – CDD-Ghana Fellow

ORAL Must Remain and Succeed – CDD-Ghana Fellow

October 23, 2025
State Department Defends Decision To Revoke Chinese Student Visas

Rubio Heads To Israel In Support Of Ceasefire Implementation

October 23, 2025
11 Illegal Miners Arrested by Blue Water Guard

11 Illegal Miners Arrested by Blue Water Guard

October 23, 2025
Brent Crude Could Spike to $110 – Goldman Sachs 

Oil Prices Surge Over 4% as U.S. Sanctions Russia’s Oil Giants 

October 23, 2025
China Completes New 6,088-Meter-Deep Well At Bohai Oilfields

China Vows To Build Modern Industrial System

October 23, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address