23rd May 2024 7:44:18 AM
1 min readPresident Nana Akufo-Addo has released the KPMG audit report on the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML).
0
This release comes after weeks of increasing pressure from the public and civil society organizations calling for transparency due to reported issues with the contract.
1
The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, which was later extended to February 23, 2024.
2
The audit revealed that SML received GH¢1,061,054,778.00 from 2018 to the present while only partially fulfilling its obligations.
3
It also noted that SML's efforts had contributed to increased revenue in the downstream petroleum sector.
4
However, SML disputes the audit's claim of receiving GH¢1,061,054,778.00, arguing that KPMG cited the figure "without reference to the investments made and the taxes paid" during the review period.
5
On May 8, the Presidency denied a Right to Information (RTI) request from the Media Foundation for West Africa (MFWA) for the full KPMG audit report.
6
However, the Presidency has now reversed its stance and released the report.
7
President-Akufo-Addo-releases-KPMG-Report-on-GRA-SML-TransactionDownload
8
2 mins read
2 mins read
2 mins read
2 mins read
2 mins read
2 mins read
2 mins read
2 mins read
2 mins read