Business & Finance

SML Welcomes Decision To Probe GRA Deal

Strategic Mobilization Ghana Ltd (SML) has welcomed the government’s recent step into its contract with the Ghana Revenue Authority (GRA).

Welcoming the development, the company expressed hope that the audit would confirm the integrity of their collaboration with GRA and the Ministry of Finance and provide ample evidence of the value they provide citizens.

“SML awaits the results of the audit, as it will help establish a clear and accurate picture of our operations. We hope that the report’s findings will be made public, allowing for transparency and accountability.”

It comes after President Nana Addo Dankwa Akufo-Addo announced contracting international audit firm KPMG to audit transactions between the Ghana Revenue Authority (GRA) and the Strategic Mobilization Ghana Ltd (SML).

The transaction between the two entities has been in doubt since the release of a documentary by the Media Foundation for West Africa (MFWA) and subsequent probes by some Civil Society Organisations (CSOs) over their revenue assurance mandate.

The firm has been given two weeks to submit their reports during which time the President has charged the Ministry of Finance and the GRA to suspend the performance of the contract, a communiqué by the Director of Communication at the Office of the President, Eugene Arhin, said.

The two have also been charged to provide KPMG with the needed assistance.

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