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
-
Ghana’s tax architecture more data and enforcement driven than any point in modern history – Tax report
2 minutes -
GCB Bank backs Timeline & Innovations LTD with heavy-duty fleet to boost Ghana’s “Big Push” agenda
3 minutes -
Photos: Tunisian Minister of Youth and Sports meets Rugby Africa President Herbert Mensah
13 minutes -
“We’ll charge security officers for murder if anything happens to Abronye DC” – Haruna Mohammed
14 minutes -
Afri-SET holds third regional workshop on Air quality sensors and data analysis for West Africa
28 minutes -
BoG has not abandoned eCedi project – BoG Governor assures
28 minutes -
We are not intervening in the market but building reserves – BoG Governor on cedi pressures
35 minutes -
Supreme Court suit challenges Ghana’s criminal libel and false news laws
35 minutes -
Ghana Immigration Service secures conviction of West African national for using forged documentÂ
37 minutes -
Sodzi Sodzi-Tettey: One year of working for John Mahama
42 minutes -
Middle East crisis remains major risk despite strong domestic economy – BoG governor
48 minutes -
Peace Council calls for calm amid rising political tensions
52 minutes -
Arrest to prosecute not persecute – Haruna Mohammed tells NDC government
52 minutes -
Bawumia urges NPP MPs to position party as “government-in-waiting” ahead of 2028 elections
53 minutes -
‘He sold his cow to repay debt’ – How headmistress forced ex-staff to return wrongly paid salary
58 minutes