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OSP disputes KPMG’s audit conclusions on GRA-SML contracts

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By: Kwame Bediako 

The Special Prosecutor, Kissi Agyebeng, has expressed disagreement with certain conclusions presented by KPMG in its audit report concerning the revenue assurance contracts between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Limited (SML). 

While some findings were consistent with the Office of the Special Prosecutor’s (OSP) preliminary investigations, key differences remain on issues of accountability and value for money.

At a press conference on Thursday, October 30, Mr. Agyebeng noted that KPMG’s report showed SML only partially fulfilled its contractual obligations to the GRA.

However, he described the contract itself as not genuine and in need of a comprehensive review, suggesting that KPMG’s audit raised more critical questions than it resolved.

The Special Prosecutor emphasized that these unresolved issues prompted the OSP to conduct a deeper probe into the matter. 

He highlighted that while certain factual elements in KPMG’s findings aligned with the OSP’s initial inquiries, the overall conclusions from the audit differed significantly from the OSP’s investigative results.

“The KPMG audit, like our preliminary report, leaves more questions than answers. “The OSP is thus unable to agree with some conclusions of the KPMG concerning accountability and value for money”; Agyebeng said. 

Earlier this year, the OSP launched an investigation into the controversial SML-GRA revenue assurance contract in response to intense public scrutiny regarding its legality, procurement process, and whether the deal was financially beneficial for Ghana. 

The ongoing probe aims to clarify these outstanding concerns and ensure transparency.

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