Home / GENERAL NEWS / Here Is The Full Report of KPMG Audit Into The Controversial GRA-SML Contract.

Here Is The Full Report of KPMG Audit Into The Controversial GRA-SML Contract.

Spread the love

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

This release follows weeks of pressure from Ghanaians, including civil society organizations, who demanded that the full report be made public due to numerous infractions in the contract.

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.

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.

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

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

 

 

THANK YOU for constantly reading stories on MyGhanaMedia.com, a news publishing website from Ghana. Kindly like, follow, comment, and SHARE stories on all social media platforms for more entertaining updates!

Please subscribe to our YouTube channel:  https://youtube.com/@mgmtv113
Follow us on Facebook:  https://www.facebook.com/myghanamedia3
  Click on the link to join the My Ghana Media channel:  https://whatsapp.com/channel/0029VaPItUF4tRrplYzhHn0U

Source:  MyJoyOnline

 

There are four types of content published on MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.

 

 

 

 

 

 

Send your news stories to myghanamedia@gmail.com 

 

About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

VIDEO: Afua Asantewaa Kicks Off Second Attempt To Break Guinness World Record Sing-A-Thon At Kumasi Heroes Park

Spread the love A Ghanaian media personality, journalist, and entrepreneur, Afua Owusu Asantewaa Aduonum, better known …

x