
Audio By Carbonatix
Honorary Vice President of IMANI Africa, Bright Simons, has stated that the services of the Strategic Mobilisation Limited (SML) were unnecessary
According to him, the Ghana Revenue Authority (GRA) and SML contract required the latter to, among other things, verify if the prices of goods importers presented to the Revenue Authority were the exact cost on the market.
This was expected to help the GRA determine how much taxes should be charged on the goods and help in revenue mobilisation.
However, he said the KPMG report revealed that the country paid an amount of $15 million to $16 million for the service which could have been gotten at a cheaper rate on the open market.
Speaking on JoyNews' Newsfile on May 25, he explained that the service was completely unnecessary.
“In the KPMG report, we learned that some of the services that SML provided particularly, the ones to do with trying to prevent importers from lying about the prices of the goods that they buy which will affect the duty and trying to prevent GRA officers from lying about the right duty they should impose, those services were being charged at an astronomical cost.
“We ended up paying over $15 million, nearly $16 million. When in fact you have alternatives on the open market which could have cost us barely $20,000. We ended up paying nearly $16 million for this company to apparently help us to prevent importers from lying about the prices of the goods they bought overseas to sell in this country, when we could just subscribe to commercial data bases and paid less than $20,000 or less for the same information,” he said.
Bright Simons added that several other procedures adopted by SML were unnecessary and yielded no results.
Watch video for breakdown:
Latest Stories
-
White House staff told not to place bets on prediction markets
5 minutes -
Auctioneers petition Prez Mahama over ‘interference’ in public auctions
12 minutes -
GEA, Mastercard Foundation drive market access for MSMEs at Kwahu Business Forum
14 minutes -
Education Ministry begins review of Ghana Library Authority law
23 minutes -
Ghana U-15 girls clinch back-to-back CAF Schools titles
28 minutes -
Rev. Ntim Fordjour urges Mahama to issue directive to fast-track anti-LGBTQ+ bill
29 minutes -
GPL 2025/26: Stoppage-time penalty hands Aduana FC win over leaders GoldStars
32 minutes -
Ntim Fordjour rejects call for more dialogue, says anti-LGBTQ+ bill has faced a decade of debate and delay
34 minutes -
Catholic Bishops say moral values must match economic priorities in Anti-LGBTQ+ debate
1 hour -
IGP Yohuno urges merit and hard work ahead of Police Academy exams
1 hour -
Queendalyn Yurglee releases debut album ‘Clouds of Glory’
2 hours -
UDS moves to clear MPhil student wrongly linked to robbery case
2 hours -
Vodza Regatta 2026: Prof Audrey Gadzekpo rallies investors for coastal tourism growth
2 hours -
Introduction of 100 new Metro Mass buses won’t affect transport unions – GPRTU
2 hours -
Deputy Transport Minister backs Yellow Line traffic initiative
2 hours