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
-
Gender Ministry demands justice for abused 6-year-old in Asamankese
5 minutes -
Let’s build a bridge between ECOWAS and Sahel States – Mahama
11 minutes -
Hindsight: Is the GPL competitive, or are teams just inconsistent?
11 minutes -
Ghana’s diplomatic counterstrike: Vindication of sovereign dignity
11 minutes -
We’re committed to two-term presidential limit — NDC
12 minutes -
Zenith Bank Ghana kicks off the Christmas season with 2025 carols night celebration
12 minutes -
African films must be told with purpose and excellence to compete globally – Veep
20 minutes -
Access Bank Ghana wins 2 honours at 2025 Sustainability & Social Investment Awards
26 minutes -
Kuami Eugene takes rebranded highlife concert to Kumasi
27 minutes -
Africa Education Watch urges Parliament to act as truancy rises in Northern Ghana
30 minutes -
Rotary Club of Accra-Odadee AOGA suupports Awaawaa2 Centre with essential items
34 minutes -
Ghana hasn’t mustered courage to enforce compulsory basic education – Kofi Asare
38 minutes -
Hubtel named Overall Best Fintech Partner at 2025 Fintech Stakeholder Dinner & Awards
42 minutes -
ZEN wins Best Mining Supplier at 11th GMIA Awards
44 minutes -
Access Bank Ghana unveils digitised Pick Now Pay Later platform
49 minutes
