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Questionable contract by Finance Minister gives SML over $100 million annually

In a shocking exposé, the Fourth Estate unearthed a concerning alliance between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Limited (SML), a mysterious startup. This alliance purportedly saw substantial annual sums funnelled from the state to the private contractor under the guise of revenue assurance in the petroleum downstream sector.

Further investigation revealed that, under the finance minister’s explicit instructions, SML was set to become the primary auditor of the upstream petroleum and minerals sectors, potentially costing the country over $120 million annually. Over the contract’s lifespan, SML’s total earnings could soar to over a billion.

Dec. 18, 2023

References:

• https://www.youtube.com/watch?v=uUeV8q4RGg0
• https://thefourthestategh.com/2023/12/18/10-year-questionable-contract-by-finance-minister-gives-sml-over-100-million-annually-despite-false-claims/
• https://thefourthestategh.com/2024/01/05/the-gh%E2%82%B5-3-billion-lie-gras-data-shows-volumes-decreased-after-shady-sml-contract/
• https://citinewsroom.com/2024/01/akufo-addo-suspends-sml-gra-deal-appoints-kpmg-to-audit-transaction/
• https://techlabari.com/explained-ghana-revenue-authoritys-controversial-contract-with-sml/
• https://citinewsroom.com/2023/12/suspend-contract-with-sml-parliament-to-gra/
• https://imaniafrica.org/2024/01/reflection-on-the-sml-deal-emerging-responses/
• https://theheraldghana.com/gra-sml-revenue-contract-gets-murky-with-databank-gang-cited/
• https://www.pulse.com.gh/news/local/smlgra-scandal-akufo-addo-allowed-gra-boss-to-flee-ghana-with-his-family-ablakwa/pmzf8cb
• https://www.youtube.com/watch?v=38R3j0V064g
• https://citinewsroom.com/2024/04/gra-sml-deal-kpmgs-selection-an-illegality-unprofessional-behaviour-domelevo/
• https://thefourthestategh.com/2024/04/26/reaction-to-sml-press-statement-on-presidents-directives-on-findings-of-kpmg-audit-of-gra-sml-contract/