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President Akufo-Addo Studies KPMG Audit Report on GRA and SML Transactions

Apexnewsgh

President Akufo-Addo has received the audit report by KPMG on the transactions between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML). Apexnewsgh reports

This comes after a documentary by the Fourth Estate raised concerns about SML allegedly receiving billions from the state for little to no work done.

The contract in question was initiated by the Ministry of Finance with the aim of enhancing revenue assurance in the downstream petroleum sector, the upstream petroleum production, and the minerals and metals resources value chain.

A statement from the director of communication at the Office of the President, Eugene Arhin, revealed that President Akufo-Addo will soon make his decision on the matter public after carefully studying the report.

The statement also highlighted the president’s initial actions, where he appointed KPMG to conduct an immediate audit of the transactions between GRA and SML in January. Following this, the Ministry of Finance and GRA were directed to suspend the performance of the contracts until the audit report was submitted.

President Akufo-Addo is currently reviewing the findings of the audit report and is expected to communicate his decisions to the Ghanaian people in the near future.

Source: Apexnewsgh.com/Ghana

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Ngamegbulam C. S

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