Audio By Carbonatix
KPMG is set to deliver its audit findings on the transaction involving the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML) to President Akufo-Addo today, Friday, February 23.
Originally slated for submission on Tuesday, January 16, the deadline was extended to accommodate a request from KPMG, as confirmed by the President.
A statement signed by the Director of Communications at the presidency, Eugene Arhin, on Wednesday, January 24, said, “KPMG is to submit its final report no later than Friday, 23rd February 2024.”
The scrutiny intensified following an investigative piece by the Fourth Estate in December 2023, implicating SML, the GRA, and the Ministry of Finance.
The report alleged that the GRA had awarded SML a lucrative 10-year contract worth $100 million annually, raising suspicions of irregularities.
In response, SML refuted claims of a decade-long contract, asserting instead that it had secured a 5-year agreement.
The GRA, in a statement released on December 20, 2023, maintained that proper procedures were followed in engaging SML's services.
However, on January 2, 2024, President Nana Addo Dankwa Akufo-Addo issued a directive instructing SML to halt its ongoing revenue assurance operations.
Additionally, he mandated an immediate audit of the contract with GRA and the Ministry of Finance, entrusting KPMG with the task.
In light of these developments, SML expressed confidence that the audit outcome would provide clarity and accuracy regarding its operations.
Latest Stories
-
Morocco walkout: Guinea seeks review of 1976 AFCON title
45 minutes -
Wenchi chieftaincy dispute still unresolved – Sɔfoase Yɛfretete family
1 hour -
Mfantsipim launches 150th anniversary with new cloth, song unveiling and fundraising ceremony
2 hours -
Agribusiness Chamber unveils 12-month plan to end Ghana’s tomato import dependence
2 hours -
Day 1 of Joy Ghana Fest 2026 closes on a high note, more thrills await on Day 2
2 hours -
TOR emerges 2nd best institution in MoF’s Financial Management Compliance League Table
2 hours -
TOR thanks staff, stakeholders for PFM compliance success
3 hours -
Bel Beverages donates assorted drinks to support Muslims in Kumasi
3 hours -
Identity before connectivity: Why Ghana’s SIM registration will succeed — and what telecoms must learn from the banking sector
3 hours -
Why Wendy Shay is the definitive 2026 TGMA Artiste of The Year
3 hours -
Agribusiness Chamber urges gov’t to activate tomato emergency strategy within 30 days
3 hours -
Ghana Music Awards-USA @ 7 heads to Princeton with FIFA World Cup-themed celebration
4 hours -
Only 7 SOEs are highly compliant with PFM Act -Finance Ministry
4 hours -
Suspected robber killed, others hunted after police operation at Ejura
5 hours -
Eminence Lead International wins top innovation award at Ghana Development Awards 2026
5 hours

