
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
-
‘Abrogate the contract ,refund deducted funds’ – Sulemana Brimah tells NASPA
11 minutes -
NASPA clarifies GH¢60 deduction, says fee was meant to be GH¢15 monthly
16 minutes -
Flux Power & Automation launches smart energy management system to help Ghanaian businesses cut electricity costs
19 minutes -
Consortium in talks to buy Liverpool minority stake
20 minutes -
NASPA suspends capacity building programme after concerns over allowance deductions
23 minutes -
Global drug threats emerging rapidly through technology – NACOC D-G
30 minutes -
Wontumi conviction: History has been made; political protection for illegal miners over – Inusah Fuseini
30 minutes -
No sirens or police escorts without approval, Speaker Bagbin tells MPs
32 minutes -
Challenging Heights selected for FIFA Global Citizen Education Fund to support child trafficking survivors
44 minutes -
Italy proposes 3,000 hectare mechanised cocoa farm as COCOBOD explores new partnership
46 minutes -
Adu Boahene trial: EOCO investigator says no complaint sparked GH¢49.1m probe
46 minutes -
Photos: Mahama meets global health leaders to discuss Africa’s health sovereignty
48 minutes -
President Mahama discusses health-related matters with top UN officials
49 minutes -
SABC apologises after falsely linking Ghana to Ebola outbreak
59 minutes -
Ecobank, Mantrac Ghana partner to boost equipment financing for local businesses
1 hour