KPMG has it’s audit of the the revenue mobilisation transaction between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML) has revealed that the latter was paid a total of GH¢1,061,054,778.00 from 2018 to the date.
The amount was captured in a statement issued by the Communications Director of the Presidency, Eugene Arhin, on Wednesday, April 24, 2024.
The press statement said “the total fees paid under the contracts from 2018 to the date of suspension amount to GH¢1,061,054,778.00. No fee has been paid for the upstream petroleum audit and minerals audit services.”
It added that “the total fees estimated to be paid to SML under the 2023 Contract for five years is GH¢5,173,091,857.00, which averages to about GH¢1 billion per year.”
The President has also accepted the recommendation to discontinue the upstream petroleum and minerals audit services previously provided to the Ghana Revenue Authority (GRA) by Strategic Management Limited (SML).
He has therefore instructed the Ghana Revenue Authority (GRA) and the Ministry of Finance to renegotiate the contract.
By: Rainbowradioonlinemcom/Ghana
