“The Ghana Revenue Authority (GRA) has terminated the transaction Audit and External Verification Service Contract (AEVS) with Strategic Mobilisation Ghana Limited (SML).


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This comes on the back of a recent directive given by President Akufo-Addo as part of recommendations by audit firm, KPMG.

In a letter titled “Compliance with Presidential Directives on Recommendations in KPMG Report on the Transactions Between GRA and SML,” dated Friday, 3 May 2024, the management said the Upstream Petroleum and Minerals Revenue Audit portions of the contract has also been suspended pending further review of the contract details.

Again, GRA said it has decided to amend the measurement Audit for the Downstream Petroleum Products Contract by revising the fee structure to a fixed fee structure. … “
https://www.myjoyonline.com/gra-terminates-2-sml-contracts-suspends-upstream-and-minerals-audit-deal/


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