News:
December 11, 2013
New Patriotic Party Member of Parliament for Tema East, Titus Glover has expressed surprise with the fact that the Civil Society is not seen at the forefront in the fight to stop the takeover of Merchant Bank by Fortiz.
“…yes I am surprised organized labour has left this thing in the hands of Andrew Awuni to take the fight alone. Organized labour, all contributors need to step up their game by joining Andrew Awuni to make sure the interest of the contributor is protected”.
The former spokesperson to President John Kufuor and boss of the Centre for Freedom and Accuracy, Andrew Awuni is in court seeking a perpetual injunction on the sale of Social Security and National Investment Trust’s (SSNIT’s) 90.6% stake in Merchant Bank to Fortiz Equity Fund.
In the law suit, the Centre cited Merchant Bank, Social Security and National Insurance Trust, Bank of Ghana, Fortiz and KPMG as the first, second, third, fourth and fifth defendants respectively. It also included some board members of Merchant Bank in the suit.
But Counsel for Fortiz, Tony Lithur, Thursday asked the court to strike out the case, arguing that the Executive Director of the Centre, Mr. Andrew Awuni who filed the suit lacks locus to bring the case before the court.
Hearing has however been postponed to the 10th of December, 2013 but Hon. Glover, wants all labour organizations to be actively involved in the fight against the sale of the state owned bank.
He therefore called on all contributors of SSNIT to see this deal as not one that would not inure to their benefit and rise against it.
“I have been a contributor over twenty years in active work and am still contributing and I say that the Fortiz deal is not in my interest. It is not in my interest at all” Titus Glover insisted on Metro TV’s ‘GoodMorning Ghana’.
Peacefmonline.com