Audio By Carbonatix
The Ghana Revenue Authority (GRA) has confirmed that SML Ghana Limited duly performed its contracted duties under agreements with the Authority, directly contradicting widespread public and political claims that the company was paid for “no work done.”
In a letter signed by GRA’s Head of Legal, Mr. Freeman Sarbah dated October 14, 2025, detailing official records covering January 2019 to December 2024, the GRA stated that its internal review verified that the company undertook Transaction Audit and External Price Verification Services as well as Revenue Assurance in the Petroleum Downstream Sector in strict accordance with contractual terms.
According to the GRA’s letter, the Authority’s records and accompanying technical documentation “confirm that SML Ghana Limited undertook work” related to the assigned services, with relevant reports and supporting materials available for review.
The clarification comes amid months of intense public scrutiny and political commentary surrounding SML’s contracts with the GRA — allegations that the company received substantial payments without delivering commensurate work. The Authority’s latest response, however, indicates otherwise, asserting that all payments made were tied to verified outputs.
The GRA also disclosed that all payments to SML within the stated period were properly documented, with payment schedules compiled and reconciled.
The Authority further confirmed that while the transaction audit and external price verification contract was terminated in November 2024, SML’s downstream petroleum revenue assurance services continued until June 2025, when they were suspended following the Office of the Special Prosecutor’s (OSP) ongoing investigation into the company’s affairs.
Contrary to assertions of non-performance, the GRA’s records indicate that SML Ghana Limited executed its contractual obligations and provided corresponding documentation throughout its engagement period.
The clarification from the Ghana Revenue Authority (GRA) follows months of public debate, media investigations, and political controversy surrounding the contract between SML Ghana Limited and the Authority.
The company had come under scrutiny after reports and opposition figures alleged that it received significant payments from the state for little or no work done, prompting calls for a probe into the deal.
The Office of the Special Prosecutor (OSP) subsequently launched an investigation into the matter, leading to a temporary suspension of some of SML’s operations with the GRA.
Below is the letter:


Latest Stories
-
First Atlantic Bank PLC marks major milestone with oversubscribed IPO and upcoming GSE listing
17 minutes -
Trade Minister meets tomato traders and transporters to resolve the sector’s challenges
26 minutes -
African Summit 2025 opens in Accra
33 minutes -
MultiChoice Ghana rewards DStv premium subscribers with UK Premier League experience
54 minutes -
Three GCTU scholars named among world’s top 2% scientists
57 minutes -
IMF Executive Board completes the fifth review under the extended Credit Facility arrangement with Ghana
1 hour -
Dr. Zaato criticises government for sending engineers abroad while local projects stall
1 hour -
Today’s Front pages: Thursday, December 18, 2025
2 hours -
Let’s rally behind Bawumia to rebuild and reclaim power in 2028 – Opoku Prempeh to NPP faithful
2 hours -
UK and Ghana co-host African Development Fund 17 Pledging Conference in London
2 hours -
Work yourself out of a job: The fearless path to leadership legacy
2 hours -
Empower institutions, not politicians, to win the galamsey fight – Kokofu
2 hours -
Mankessim Omanhen declares lithium lands ‘Artificial Disaster Zones’
3 hours -
Funerals, family visits drive GH¢6.6bn in domestic tourism
3 hours -
Christmas fever in Mother Ghana
3 hours
