Audio By Carbonatix
The Media Foundation for West Africa (MFWA) has taken a step forward by filing a Right to Information (RTI) application with the Presidency, aiming to obtain the complete KPMG audit report.
The report concerns the revenue mobilisation agreement between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML), which featured prominently in an expose by the Foundation's Fourth Edition.
KPMG, a reputable auditing firm, has completed and presented its report on the contract between GRA and SML to President Akufo-Addo.
Initiated by the President on January 2, 2024, the KPMG audit was originally scheduled to be concluded by Tuesday, January 16, 2024, but due to circumstances, the deadline was extended to Friday, February 23, 2024.
According to the audit findings, SML has received a total of GH¢1,061,054,778.00 since 2018 while fulfilling its obligations partially.
However, the report also highlights that SML's efforts have contributed to increased revenue in the downstream petroleum sector.
Disputing the disclosed figure, SML argues that the GH¢1,061,054,778.00 mentioned in the audit report lacks consideration for the investments made and taxes paid during the reviewed period.
In a recent statement, Sulemana Braimah, Executive Director of MFWA, underscored the foundation's pursuit of transparency by officially requesting the complete KPMG Audit Report through the RTI process. Braimah expressed optimism about the President's compliance with the law regarding the release of the report.
Meanwhile, Bright Simons, Vice President of IMANI Africa, has raised concerns over President Akufo-Addo's remarks regarding the KPMG audit report on the GRA-SML revenue mobilisation deal.
Latest Stories
-
African Armwrestling Championship 2026: Florence Boakye Mensah wins gold, silver at Borteyman; books African Games spot
11 minutes -
DJ Bridash powers E.L. to shut down London with electrifying performance
18 minutes -
Inter beat Parma to clinch Serie A title
2 hours -
Kumasi Ridge faces temporary outages as ECG begins transformer upgrade from May 6th to 9th
2 hours -
Concern for jailed Iranian Nobel laureate Narges Mohammadi as brother fears she is dying
2 hours -
Kenya battles to stop the ‘goons and guns’ as fears of political violence grow
2 hours -
Two US service members reported missing in Morocco, officials say
2 hours -
Shakira thrills a crowd of 2 million with free concert on Brazil’s Copacabana beach
2 hours -
Police officer lowered into crocodile-infested river to recover human remains
2 hours -
Musk’s AI told me people were coming to kill me. I grabbed a hammer and prepared for war
2 hours -
Barca eye historic El Clásico truimph after Real Madrid win
3 hours -
Slot’s VAR fury but loss highlights Liverpool issues
3 hours -
Eddie Howe set to stay in charge of Newcastle after summit
3 hours -
Beijing 2027: Ghana Athletics vows to solve concerns raised by 4x100m relay team after qualification
3 hours -
Barcelona beat Bayern to reach Women’s Champions League final
3 hours