President Nana Addo Orders Immediate Audit Of Ghana Revenue Authority

President Akufo-Addo has ordered an immediate audit into the transaction between the Ghana Revenue Authority (GRA) and Strategic Mobilization Limited (SML), a contract which was entered into to enhance revenue assurance in the petroleum and minerals sectors.

According to a statement issued by the Communications Director at the Presidency, Eugene Arhin, the President has appointed KPMG to conduct 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”, parts of the statement said.

President Akufo-Addo further instructed the Ghana Revenue Authority (GRA) and the Ministry of Finance to furnish KPMG with all necessary documents for the audit.

“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 informed.

Click to read President Nana Addo’s full statement: Akufo-Addo statement

Source: Ghmessenger.com