President John Mahama has ordered the immediate termination of all contracts with the Strategic Mobilisation Ghana Limited (SML) following the completion of an investigation by the Office of the Special Prosecutor (OSP).

The directive, communicated through a letter signed by the Secretary to the President, Dr. Callistus Mahama, and addressed to the Minister of Finance, Dr. Cassiel Ato Forson, instructed that all existing agreements with SML be swiftly brought to an end.

According to the letter, the move forms part of the government’s commitment to accountability and transparency in the management of public resources.

It follows months of scrutiny over the SML contracts, which became the subject of a corruption and corruption-related offences probe by the OSP.

The Finance Minister has been tasked to ensure that the termination process is carried out in full compliance with existing financial and legal procedures.