Audio By Carbonatix
President Akufo-Addo has released the KPMG audit report on the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML).
This release follows weeks of pressure from Ghanaians, including civil society organizations, who demanded that the full report be made public due to numerous infractions in the contract.
The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, 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 the present while partially fulfilling its obligations.
The report also noted that SML's work had contributed to increased 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.
However, today, the Presidency has reversed its decision and released the report.
Find full report by KPMG below as published by the Presidency:
Latest Stories
-
Galamsey fight: Western Regional Minister calls for real-time monitoring of water bodies
2 minutes -
NPP has lost its identity, the current party is “fake” – Prof Frimpong-Boateng
13 minutes -
GRA targets GH¢225bn revenue in 2026 as VAT reforms take effect
21 minutes -
Heath Goldfields promises community-centered revival of Bogoso-Prestea Mine
23 minutes -
Ghana’s development visions lack scientific foundation – Frimpong-Boateng
26 minutes -
Interior Minister confirms arrest over fake security service recruitment scheme
28 minutes -
Ghanaians would’ve laughed at us if you were appointed Finance Minister – Richard Nyama to Stephen Amoah
31 minutes -
Police nab suspect who beat landlady to death at Agona Nyakrom
35 minutes -
Re-electing old flagbearer will be a “trainwreck” for NPP – Prof Frimpong-Boateng
36 minutes -
Police arrest seven alleged human traffickers, rescue 48 victims in Ho
40 minutes -
One dead, three injured in ghastly crash on Kibi–Suhum Road
45 minutes -
Bawumia is a nice person but can’t lead Nkrumah’s Ghana – Frimpong-Boateng
1 hour -
Amin Adam took over a rotten economy and fixed it; he isn’t your mate – Richard Nyama to Stephen Amoah
1 hour -
BoG sets strict Ghana Card rule for financial transactions
1 hour -
Court grants bail to Oyarifa apartment fire suspects
2 hours
