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KPMG probe: Akufo-Addo rejects GRA’s request to continue SML monitoring 

President Akufo-Addo earlier this month appointed audit and accounting firm, KPMG, to audit the SML contract and submit a report in two weeks

President Akufo-Addo has rejected a request by the Ghana Revenue Authority (GRA) to allow it to continue the running of the Strategic Mobilisation Ghana Limited (SML) system to enhance revenue assurance.

A statement signed by Eugene Arhin, the director of communications at the Office of the President said “President Akufo-Addo has taken note of the request made by GRA, asking for the monitoring system installed and used by SML to continue, notwithstanding the suspension of its GRA-related operations”

“The president has denied GRA’s request, and has directed that the status quo, with respect to the suspension of the performance of the contract, should remain in effect until the completion of the audit and, subsequent, submission of the audit report by KPMG,” the statement said.

Extension granted

President Akufo-Addo earlier this month appointed audit and accounting firm, KPMG, to audit the SML contract and submit a report in two weeks.

But this has been extended to 23 February following a request by KPMG.

According to the president, the extension is to ensure a more comprehensive report.

“The President of the Republic, Nana Addo Dankwa Akufo-Addo, has extended the period within which KPMG is to complete its audit on the transaction between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML), from the initial date of Tuesday, 16th January 2024, to a new date of Friday, 23rd February 2024.”

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