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
-
Chief Justice pays courtesy call on Education Minister to strengthen institutional collaboration
22 minutes -
BoG Governor is a partisan politician, not an independent Central Bank Governor – Amin Adam
25 minutes -
Akatsi South: 40-year-old man jailed 10 years for defilement, impregnating daughter
28 minutes -
Amin Adam questions BoG Governor over ‘unexplained’ 2024 Gold for Reserves losses
34 minutes -
Japanese delegation backs Ghana’s Economic Recovery and Growth Agenda
43 minutes -
Trade and Local Gov’t Ministers to take turns at Government Accountability Series
46 minutes -
Health Minister orders comprehensive audit of Oti Region health facilities
49 minutes -
Speaker congratulates UG Vice Chancellor on prestigious appointment
54 minutes -
High Court admits Akonta Mining operations manager to GH¢10m bail
55 minutes -
Ashanti Region: 9 arrested over attack on public officers at Tweapease
1 hour -
Tema Circuit Court remands two narcotic suspects
1 hour -
US visa pause does not affect short-term travel for Ghanaians – Ambassador Victor Smith
1 hour -
GAF engineers undertake reconstruction works in Jamaica
1 hour -
Security guard remanded for allegedly stealing employer’s GH¢200k
1 hour -
2 cleared as state withdraws charges in $8m romance scam
2 hours
