The Director of Support Services at Strategic Mobilisation Limited (SML), Yaa Serwaa Sarpong, has refuted claims that the company received GH¢1,061,054,778.00 for its revenue mobilisation contract with the Ghana Revenue Authority (GRA).
According to Madam Serwaa Sarpong, SML only received 0.05 pesewas on every litre for their performance, contradicting the reported amount.
In an interview on Citi TV, she emphasized that the company did not receive the alleged GH¢1 billion but was instead compensated based on their performance.
KPMG’s findings had previously stated that SML was paid the aforementioned amount from 2018 to January 2, 2024, prompting President Akufo-Addo to suspend the deal following the ‘The GH¢ 3 Billion Lie’ documentary by Fourth Estate. However, SML had denied these payment claims earlier.
In a statement on April 25, SML criticized KPMG for failing to include GRA taxes, interest payments, and other related costs in their report, which they believed created a misleading impression.
The company reiterated its commitment to upholding ethical standards and contributing to Ghana’s development.
Meanwhile, the National Democratic Congress (NDC) has condemned the GRA-SML contract as “illegal” and demanded its immediate termination.
The party’s National Communications Officer, Sammy Gyamfi, vowed that a future NDC government would not recognize these illegal contracts and pledged to investigate the matter transparently to retrieve any unlawfully paid amounts to SML and prosecute those involved.
The NDC also questioned the logic behind a contract that aimed to generate GHC2.4 billion in revenue but paid GHC1 billion to the company, labeling the arrangement as nonsensical and unprecedented. They promised to take action to rectify the situation if elected into office in 2025.
