The Ghana Revenue Authority (GRA) is seeking approval of the President to allow the installed system of Strategic Mobilisation Ghana Limited (SML), aimed at enhancing revenue assurance, to be operational pending conclusion of the investigation.
It would be recalled that on January 2, 2024, the President ordered the suspension of the SML and GRA contract and appointed the audit, tax, and advisory services firm, KPMG, to conduct an audit of all the transaction.
In the meantime, a letter to the President signed by GRA Commissioner-General, Rev. Dr. Ammishaddai Owusu-Amoah, indicates that SML has raised concerns about the operational ramifications being affected due to the suspension, hence it is appealing that the President gives permission to allow the installed system to run.
“Having carefully reviewed the concern and based on our own understanding of the contracts and the deliverable, we are of the opinion that the system that has been installed to enhance revenue assurance, for control purposes, and also to aid with the ongoing investigation could with your kindest permission be allowed to run. The system will continue to record data real-time until your further directive after the conclusion of the investigation.”
GRA confirmed that the suspension will lead to revenue losses following the suspension, arguing that there has been a huge gap in the control system as well as an update of the Oil Marketing Companies (OMCs) accounts.
“We can confirm that the suspension to all intents and purposes will lead to revenue losses following the suspension. There has been a huge gap in the control system and also the update of the Oil Marketing Companies (OMCs) accounts. We, however, want to assure you that the contract remains suspended and no payment would be made on the contract until your directive,” the GRA stated in its letter.
