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SML has not been granted permission to expand its mandate - GRA

15th May 2025 8:45:27 AM

1 min read
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The Strategic Mobilisation Ghana Ltd. (SML) has not been granted permission to expand its revenue to cover the country's upstream petroleum and solid minerals sectors, according to the Ghana Revenue Authority (GRA).A statement released on Wednesday, May 14, by the GRA, noted that the report is unfounded, emphasizing that the SML is still under supervision.“The Ghana Revenue Authority (GRA) has noted with concern reports… claiming that Strategic Mobilisation Ghana Ltd. (SML) has unveiled an expansion of its revenue assurance oversight to cover Ghana’s upstream petroleum and solid minerals sectors.“GRA wishes to clarify that the Authority’s suspension of SML’s services in the upstream petroleum and mineral sectors pending further review issued in April 2024, remains in force,” it said.The Strategic Mobilization Limited has been operating in Ghana for the past five years.In 2024, the revenue arm of the government discontinued two contract transactions (the Audit and External Verification Service Contract (AEVS) with SML, as well as halting portions of the contract agreement. The GRA also suspended the SML's Upstream Petroleum and Minerals Revenue Audit until further notice. The suspension comes after the then-President, Akufo-Addo received a report from KPMG against SML's deals.

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