President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has described the controversies that the attempt to sell the hotels belonging to the Social Security and National Insurance Trust (SSNIT) generated as unnecessary. Mr Akufo-Addo said this after making reference to the GHS230 million surplus on SSNIT's operations. "Take note of the improved performance of SSNIT which recently announced a surplus of GHs 230 million on its operations, this should be reassuring to organised labour and perhaps bring into sharper relief the unnecessary controversy that was recently generated by SSNIT's efforts to offload non-performing assets in its hotel portfolio," he said at the Trades Union Congress (TUC) quadrennial conference, at Kasoa in the Central Region on Tuesday, August 20. He added "All of us need to be measured when it comes to making decisions of pronouncement that will affect the long-term interests of pensioners." Recently, the Management of SSNIT told former Chief Justice Sophia Akuffo that she made an unsubstantiated allegation regarding the botched sale of the hotels. Madam Sophia Akuffo had accused the manager of SSNIT of deliberately running down the hotels just to sell among themselves. Sophia Akuffo made this claim in an exclusive interview with TV3's Alfred Ocansey on Thursday, July 25. "Of course, SSNIT will justify it because they have run down the hotels and just like in the public sector a lot of public properties have been run down just so that the value will be run down and always at the end of some cycle or the other they do sweet heart deals and do this distribution among themselves," she said.