Full Report: KPMG Audit Report on Controversial GRA-SML Contract

President Akufo-Addo has released the KPMG audit report on the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML).

The release of the report comes after weeks of pressure from Ghanaians, including civil society organizations, who demanded it be made public due to numerous infractions in the contract.

- Advertisement -

The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, later extended to February 23, 2024. According to the audit findings, SML received a total of GH¢1,061,054,778.00 from 2018 to the present while partially fulfilling its obligations.

The report also noted that SML’s work had contributed to increased revenue in the downstream petroleum sector.

Contrary to the audit report’s claims, SML has disputed receiving GH¢1,061,054,778.00 for its contract with the GRA, arguing that KPMG cited the figure “without reference to the investments made and the taxes paid” during the review period.

- Advertisement -

On May 8, the Presidency declined a Right to Information (RTI) application submitted by the Media Foundation for West Africa (MFWA) seeking the full KPMG audit report on the grounds that it constitutes matters exempt under section 5 of the RTI Act.

Section 5 (1) (a) and (b) (i) of the RTI Act states that “information is exempt from disclosure where the information is prepared for submission or has been submitted to the President or Vice President for consideration or contains matters the disclosure of which would reveal information concerning opinion, advice, deliberation, recommendation, minutes or consultation made or given to the President or Vice President and is likely to undermine the deliberative process on the part of the President or Vice President.”

However, the Presidency has reversed its decision and released the report.

Read the full KPMG report as published by the Presidency below:

- Advertisement -

 

- Advertisement -
Thank you for reading from the team at NewsAlertGH, your reliable news source in Ghana. We invite you to share this story across your social media platforms and stay engaged with us on Facebook https://web.facebook.com/people/News-Alert-Gh/61552476518106/, Twitter https://x.com/newsalertgh, and Instagram. For feedback and enquiries, kindly contact us on ‪+233 (0) 546337300‬ or via mail at newsalertgh1@gmail.com. We appreciate your continued support.

FOLLOW US VIA FACEBOOK AND X.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

HOT THIS WEEK

Gamal Gorkeh Nkrumah: Son of Ghana’s first President dies in Egypt

Gamal Gorkeh Nkrumah, son of Ghana’s founding President, Dr...

Ghana Medical Trust Fund Will Ease Cancer Treatment Burden – Prof. Aziato

The Vice Chancellor of the University of Health and...

Ghana Showcases Smart Tax Reforms At Belt And Road Tax Forum

Ghana has showcased its digital tax reforms and smart...

Gabriella Tetteh files nomination for NDC Central Regional Vice Chairperson

The Central Regional Communications Officer of the National Democratic...

66 Artillery Regiment Holds Breast Cancer Awareness Walk in Ho

The 66 Artillery Regiment of the Ghana Armed Forces,...

TOPICS

Achimota School Marks Its 97th Anniversary in Grand Style

Achimota School has celebrated its 97th anniversary in grand...

Saboba N/R: Physically-challenged teacher dies over frozen salary

The immediate family of a basic education teacher in...

EC begins processes to create 25 new constituencies

The Electoral Commission of Ghana has begun processes to...

BREAKING: John Kumah, Deputy Minister for Finance reported dead

The Deputy Minister of Finance, John Ampontuah Kumah has...

Kate, Princess of Wales: I am having cancer treatment

The Princess of Wales says she is in the...

Pilot, Brother Killed in Tema Aircraft Crash Were Sons of Hebron Prayer Camp Founder

The two victims of Monday’s fatal microlight aircraft crash...

Related Articles