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$66m software deal was approved by previous board – Prof Alabi

Magdalene Teiko Larnyoh

A former board Chair of SSNIT Prof Alabi said that the contract had clauses that literally prevented his board from reviewing it.

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Prof Alabi in an interview with Accra-based Citi FM said the contract was signed before he was appointed. He also added that the contract had clauses that literally prevented his board from reviewing it.

“What really happened was that…management went beyond the approved figure and brought it to the board for ratification and we queried it and this is in the minutes.”

“It was awarded before my board. The management went beyond the contract sum without recourse to the board; they came to the board for ratification and queried it. But then I really want to believe that the previous board really took into consideration the operations of SSNIT before awarding that contract. The management also explained to the board that there was some unforeseen expenditure that occurred and that is why they went beyond their contract sum but then we queried it because we said they should have brought it to the board for discussion and approval before awarding it,” Prof. Alabi added.

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The Economic and Organised Crime Organisation (EOCO) is currently investigating 5 SSNIT staff for their involvement in the acquisition of a BOS software for the Social Security and National Insurance Trust (SSNIT) at $66 million.

The Director General, Finance, Administration and MIS at SSNIT, Michael Addo said the investigation will give further details on the software purchase.

“SSNIT acquired a new operating system called BOS; it is designed to improve SSNIT’s operating processes, to make it fast so that we can all network before then we had a hot spot of different systems that we were using. We did spend quite a little bit of money on that to acquire the software and the hardware.”

The Board of SSNIT has therefore contracted an audit firm, Price Waterhouse Coopers (PwC) to audit the transaction.

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READ ALSO: GRA to prosecute 39 business owners for tax infractions

Find the list of the members of the SSNIT board from 2009 to 2013

Mr Kwame Peprah - Chairman

Mr Peter Kofi Otoo Addo (Government Nominee) – Member

Mrs Sati Ocran (Government Nominee) – Member

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Hon. Fifi Kwetey (Rep. of Ministry of Finance & Economic Planning) – Member

Nana Fredua Agyeman Pambuo 1/Mr Terence Ronald Darko (Rep. of Ghana Employers’ Association) – Member

Mr Theodore Gyau (Rep. of Ghana Employers’ Asociation) – Member

Mr Kofi Asamoah (Rep. of Organised Labour) – Member

Mr Abraham Tetteh Dian Okine (Rep.of Organised Labour) – Member

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Mr Kwame Amo-Dako (Rep. of Organised Labour) – Member

Mr Robertson Nii Akwei Allotey (Rep. of Organised Labour) – Member

Lt. Col. Jacob Hester Blood-Dzraku (Rtd.) (Rep. of Security Services) – Member

Mr Solomon Laryea Tawiah Yemoson/ Mr Theodore Nee Okpey (Rep. of Nat. Pensioners’ Assoc.) – Member

Mr Kwasi Boatin/Dr Frank Odoom (Director General, SSNIT) – Member

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Mrs Gifty J. Annan (Company Secretary) – Secretary

Magdalene Teiko Larnyoh Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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