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Reading: Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo
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BusinessGeneralHeadlines

Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published April 24, 2024
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Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal.

President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue Authority (GRA) will have to renegotiate the fee structure.

In a statement signed by the Director of Communication at the Presidency, Eugene Arhin disclosed that President Akufo-Addo, on Wednesday, 27th March 2024, received the final report of the audit conducted by KPMG regarding the transactions between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML).

He added that the President has acted on the findings and recommendations of KPMG, and has, by letter dated Thursday, 18th April 2024, given directives to the Ministry of Finance and the Ghana Revenue Authority.

However, the IMANI Africa Vice President disagrees with several claims the President disclosed as part of the findings by KPMG.

He therefore called for the release of the full report.  

“We insist on seeing the full KPMG report. We dispute their claim that any increase in petroleum consumption should be attributed to SML.

“We demand an open forum to show that the weight of expert opinion in Ghana is against any such claim.  

“Multiple petroleum economists are on standby to prove that no gains in consumption volume can be attributed to SML,” Mr. Simons stated.  

Attached below is the full statement by Bright Simons

Source: Ghana/Starrfm.com.gh/103.5FM

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TAGGED:Bright SimonsDownstream petroleum serviceGRA-SMLIMANI AFRICAinvestigationKPMGMinistry of FinancePresident Akufo-Addo
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