President Nana 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 comes after weeks of increasing pressure from the public and civil society organizations calling for transparency due to reported issues with the contract.
The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, which was later extended to February 23, 2024.
The audit revealed that SML received GH¢1,061,054,778.00 from 2018 to the present while only partially fulfilling its obligations.
It also noted that SML’s efforts had contributed to increased revenue in the downstream petroleum sector.
However, SML disputes the audit’s claim of receiving GH¢1,061,054,778.00, 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 denied a Right to Information (RTI) request from the Media Foundation for West Africa (MFWA) for the full KPMG audit report.
However, the Presidency has now reversed its stance and released the report.