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
-
South Africa dump site collapse kills 14 suspected illegal miners
52 minutes -
Thailand suspends new gun permits after mass shooting
1 hour -
France bans unsolicited telemarketing calls
1 hour -
Anne Hathaway pokes fun at ‘fake baby bump’ theories
1 hour -
The Office actress Lucy Davis says she has ‘incurable’ cancer
1 hour -
Pogba expected to have Monaco contract terminated
2 hours -
Doku ‘not against’ journalist who criticised him at World Cup
2 hours -
Obuasi court remands 2 teachers over alleged attack on SHS headmaster
2 hours -
Mason jailed eight years for robbing pharmacistÂ
2 hours -
Big Push probe: Presidential staffer challenges Fourth Estate’s report on Valerie Sawyerr committee
2 hours -
Since Gold Coast, national security has never faced an open trial – Atta Akyea
2 hours -
This is no case for junior lawyers – Atta Akyea explains why he must defend Adu-Boahene
3 hours -
Lebanon parliament votes to abolish death penalty
3 hours -
Ghana, Burkina Faso sign defence pact to secure cross-border trade corridors
3 hours -
The rise of AI in the classroom: Balancing technological innovation with critical thinking
3 hours