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
-
Manasseh Azure Awuni says OSP failing in key corruption cases
2 minutes -
When the law speaks clearly but the public remains unconvinced, what has failed?
4 minutes -
Thousands flee Thai-Cambodia border after deadly clashes
6 minutes -
7th Global WARIF No Tolerance March: A united global stand against gender-based violence
13 minutes -
Thieves snatch eight Matisse artworks from library in Brazil
18 minutes -
Obituary: F/O Gerald Yakubu Andan
23 minutes -
Sammy Darko’s indicting comments put OSP under fire in AB Adjei case – Manasseh Azure
26 minutes -
‘I was used as a pawn’ – Manasseh Azure walks away from OSP case after explosive concerns
40 minutes -
Nhyira FM’s Sokoban Fatilow leads community fitness walk and free medical screening
45 minutes -
Why I refused to testify for OSP again in PPA CEO case
51 minutes -
Speaker holds orientation for first-term MPs, calls for mentorship and collaboration
53 minutes -
AI, cheating, and collapsing reading habits: Ghana’s education system at a crossroads
1 hour -
Benin arrests 14 people over coup attempt
1 hour -
KNUST launches Nkabom collaborative project to transform Ghana’s agri-food sector
1 hour -
Korle Bu surgeon raises alarm over breast cancer surge; calls for more treatment centres nationwide
1 hour
