Audio By Carbonatix
President Akufo-Addo has released the KPMG audit report on the controversial Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) contract.
This comes weeks after a section of Ghanaians including civil society organisations insisted that the many infractions in the contract demand that the full report be made public.
The President commissioned KPMG to audit the contract on January 2, 2024, with a deadline initially set for January 16, 2024, but later extended to February 23, 2024.
According to the audit findings, SML received a total of GH¢1,061,054,778.00 from 2018 to date while partially fulfilling its obligations. However, the report also noted that SML's work had contributed to an increase in revenue in the downstream petroleum sector.
Contrary to the audit report's claims, SML has disputed receiving GH¢1,061,054,778.00 for its contract with the GRA, arguing that KPMG cited the figure "without reference to the investments made and the taxes paid" during the review period.
On May 8, the Presidency declined a Right to Information (RTI) application submitted by the Media Foundation for West Africa (MFWA) seeking the full KPMG audit report.
But today, the Presidency has made a U-Turn.
In a fresh statement signed by Director of Communications, Eugene Arhin, the Presidency explained that "the President, in the interest of full transparency in governance, openness, and honesty with the public, has decided to waive the privilege under section 5 of the RTI Act and has directed the publication of the KPMG report in full."
Full statement below:
Latest Stories
-
Gov’t secures $30m Chinese grant for new university of science and technology in Damango
2 minutes -
Education Minister commends St. Peter’s SHS for exiting double-track, pledges infrastructure support
6 minutes -
ECG to be privatised – IMF reveals in Staff Report
9 minutes -
Accra Unbuntu Lions Club impacts 500,000 Ghanaians in 5 years of social service
14 minutes -
VALCO Board holds maiden strategic meeting with management
43 minutes -
African Festival: Nollywood star Tony Umez joins Nkrumah musical in Accra
49 minutes -
U.S. lawyer suggests GRA–SML case is politically motivated; says Ofori-Atta isn’t evading justice
51 minutes -
Ghana’s financial sector stability sustained but risks remain – IMF
51 minutes -
Revival Concert sees massive turnout for Kweku Smoke
57 minutes -
Amenfi Central MP supports completion of CHPS compound at Manso Nkwanta No. 2
1 hour -
Access Bank Ghana reflects on a year of resilience, renewal and impact at end-of-year thanksgiving service
1 hour -
900 women die in childbirth in 2025 – Gender Ministry warns Ghana is off track on maternal health
1 hour -
Fire destroys ten container shops at Tadisco Down, Takoradi
1 hour -
Gov’t secures $200m World Bank funding to end double-track system – Education Minister
2 hours -
Interior Minister assures Bono Region of enhanced security at NSB command opening
3 hours
