President Nana Addo Dankwa Akufo-Addo has directed an audit into SML/GRA contract and has asked for a suspension of the performance of contract.
The Director of Communications at the Presidency, Eugene Arhin made this known in a press statement dated January 2, 2024
The statement was released Tuesday night.
President Akufo-Addo has subsequently appointed KPMG to conduct an immediate audit into the transaction between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML).
He has also directed the Ministry of Finance and the Ghana Revenue Authority to suspend the performance of the contract, pending the submission of the audit report, including any payments presently envisaged under its terms.
The contract was entered into to enhance revenue assurance in the downstream petroleum sector, the upstream petroleum production and minerals and metals resources value chain.
In the statement signed by the Director of Communications at the Presidency, Eugene Bentum Arhin, President Akufo-Addo has tasked KPMG to complete the assignment in two weeks, and submit appropriate recommendations to him.
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