The Fourth Estate, in its recent investigation, has uncovered rot in a contract between the Finance Ministry and Strategic Mobilisation Ghana Limited (SML), and how the company failed to save Ghana over GHc3 billion in revenue as it had earlier claimed.

Strategic Mobilisation Ghana Limited in 2020 started revenue assurance services to the government of Ghana.

The GRA and the Ministry of Finance contracted SML to monitor the volumes of petroleum products lifted. However, the GRA told The Fourth Estate that the figures SML churned out as its monitoring of volumes were not the ones GRA uses to calculate petroleum taxes or revenue for the state. The GRA uses figures from the loading gantries, which the authority was using even before SML was contracted.

Find the full report below.