FULL TEXT: KPMG audit report on GRA-SML Ghana deal

KPMG SML Report

President has released the audit report on the controversial contract between the (GRA) and Strategic Mobilisation Limited (SML).

This release follows weeks of pressure from Ghanaians, including , who demanded that the full report be made public due to numerous infractions in the contract.

The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, later extended to February 23, 2024. According to the audit findings, SML received a total of GH¢1,061,054,778.00 from 2018 to the present while partially fulfilling its obligations.

The report also noted that SML's work had contributed to increased revenue in the downstream petroleum sector.

Contrary to the audit report's claims, SML has disputed receiving GH¢1,061,054,778.00 for its contract with the GRA, 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 declined a Right to Information (RTI) application submitted by the (MFWA) seeking the full KPMG audit report.

However, today, the Presidency has reversed its decision and released the report.

Find full report by KPMG below as published by the Presidency:

Leave a Reply

Your email address will not be published.