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BusinessHeadlines

Minority demands publication of KPMG audit report on SML-GRA contract

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published April 26, 2024
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The Minority in Parliament is demanding the publication of the KPMG audit report on Strategic Mobilization Ghana Ltd (SML) and Ghana Revenue Authority (GRA) contract.

President Akufo-Addo has stated that 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 (SML).

However, the report has not been made public by the President.

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 GRA and SML deal.

The latest to join in demanding for the report to be made public is the National Democratic Congress (NDC) Minority in Parliament.

In a statement, the ranking member on the Finance Committee in Parliament, Isaac Adongo questioned why President Akufo-Addo is keeping the KPMG report to his chest.

“At this moment, I respectfully request that Parliament be furnished with a copy of the KPMG report to aid the Finance Committee’s investigation. It strikes me as unusual that the report only contains mild suggestions and recommendations despite the abundance of information available to the public regarding the SML arrangement.

“Consequently, we must scrutinize the comprehensiveness of their mandate, including their TOR, methodology, and approach. Our primary objective is to expose the beneficial owners of this group and utilize Parliament’s authority to recover the funds that have been paid due to this illegality.

“I trust that the President understands that my Parliamentary scrutiny request is founded on section 33 of the PFM Act, which mandates that Parliament authorize contracts with multi-year obligations in the first instance,” Mr. Adongo stated.

Attached below is the full statement by the Minority in Parliament

KPMG-REPORT-ON-SML-MUST-BE-PUBLISHED-AND-LAID-IN-PARLIAMENT_HON.-ISAAC-ADONGODownload

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

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TAGGED:GRAGRA-SML dealIsaac AdongoMinistry of FinanceMinority in ParliamentPresident Akufo-AddoSML
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