CMS Fire: Calls to insure state properties baseless - Kwesi Pratt

Ace Journalist Kwesi Pratt Junior has described as baseless calls on the government to insure all state properties.

The Mahama-led administration is under pressure to insure major state properties following the demolishing of the Central Medical Store by fire last week.

Public Relations Officer of the Health Ministry confirmed to Morning Starr host Kafui Dey on Wednesday that the storage facility is just one of many state facilities that have not been insured.

The burnt down facility serves as a depot for World Health Organization's supplies.

Anti-retroviral medicines for HIV / AIDS patients as well as drugs for malaria and virtually all medicines, drugs and medical logistics used in Ghana’s hospitals are kept at the facility.

Speaking on Radio Gold’s ‘Alhaji and Alhaji Saturday’, the managing editor of the Insight Newspaper said it will be imprudent for the government to consider insuring all state properties.

“The mere fact of a property belonging to the government of Ghana implies that the principle of shared risk is applied because all the 25 million people of Ghana have a stake in that property; what insurance can be better than that?

“If you have a situation where every year, government is putting in five billion into insurance and at the end of the year it makes five million in claims; it doesn’t make sense,” he stated.

He said there must be sound basis to support the argument that government should insure state asserts.