GRA/SML Audit: Why Are You Delaying Your Report? – Charles Owusu Fires KPMG
Charles Owusu has called on KPMG to release their audit report regarding the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) contract which was entered into to enhance revenue assurance in the petroleum, minerals and metals sectors.
President Nana Akufo-Addo, in a statement, ordered an immediate audit of the GRA/SML transaction and asked the GRA and Ministry of Finance to furnish KPMG with all necessary documents for the audit.
“The President of the Republic, Nana Addo Dankwa Akufo-Addo, has appointed KPMG, the reputable Audit, Tax and Advisory Services firm, to conduct an immediate audit into the transaction between the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML), a contract which was entered into to enhance revenue assurance in the downstream petroleum sector, the upstream petroleum production and minerals and metals resources value chain.”
“The President has directed the Ministry of Finance and GRA to provide KPMG with whatever assistance they will require for conduct of the audit, and 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 statement read.
The President gave a 14-day ultimatum for the audit and the deadline has already passed.
Addressing the issue on Peace FM’s morning show “Kokrokoo”, Charles Owusu queried KPMG on their delay in making their report available.
The Former Head of Monitoring Unit at Forestry Commission wondered why till now there is no communiqué from KPMG regarding the President’s directive and therefore insisted that the audit firm should immediately make public their findings or if they need an extension of time to finish their work.
“President gave them 14 days. The 14 days are already over…It was a specific directive that you should go and audit the GRA contract with SML. That is the specific thing, so when you audit it, make it public whether or not there is a value for money or not”, he said.
He however believed KPMG will do a fantastic job as, to him, he smells something fishy in the deal.
“I am sure KPMG as we know to be a noble institution internationally, definitely they will come out with the facts.”
Source: Ghmessenger.com
