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Release KPMG’s audit report on SML deal

A lecturer at the University of Ghana Political Science Department, Prof Ransford Gyampo has called on the President of Ghana to release KPMG’s report in the SML deal with the Ghana Revenue Authority.

According to him, it is right for the President to make the audit report public since there were serious allegations leveled against the company and the people of Ghana have the right to know if they were true or false.

Making his claim known in a post shared via social media, Ransford Gyampo said “The guys in the media who reported the matter and made serious allegations of corruption about the deal, may, for whatever reason, suddenly not be interested in pushing you to get the report out. But, you do not need the media to force you to do the needful. You used to advocate for human rights many years ago, when you weren’t President of Ghana, and you probably know better than all Ghanaians that, the good people of Ghana, have the right to know what is contained in the KPMG work on the SML”.

Read His Post Below

Dear President Akufo Addo, I am told KPMG has submitted its report on the SML deal. Given that there were serious allegations of corruption about the deal by a media house, I write as a Citizen to respectfully remind you that, you cannot sit on the report. The good people of Ghana have the RIGHT to know the contents of the report, and this is a simple truism that must not elude any government that believes in the dogmas of accountability and transparency.

The guys in the media who reported the matter and made serious allegations of corruption about the deal, may, for whatever reason, suddenly not be interested in pushing you to get the report out. But, you do not need the media to force you to do the needful. You used to advocate for human rights many years ago, when you weren’t President of Ghana, and you probably know better than all Ghanaians that, the good people of Ghana, have the right to know what is contained in the KPMG work on the SML.

At the moment, rumors are being peddled that, you probably want to “cover-up” or tamper with the report. A simple swift publication of the report would prevent these rumors from festering. Respectfully, Sir, even though you are done and exiting, I think you must be interested in the legacy you are leaving behind in promoting good governance, accountability, transparency, responsiveness and in the fight against corruption. You must also be interested in how your last minute actions and inactions impact on the electoral fortunes of the political organization that birthed your presidency.

My teacher, Prof E. Gyimah-Boadi has publicly noted that your track record in the fight against corruption is in tatters. In my candid view, the timeous release of the KPMG report on the SML deal, would be helpful in shaping and improving this track record. All is not lost, Mr President, there is some room for improvement. Please release the KPMG Report on the SML deal, for the good people of Ghana have the right to know.

Yaw Gyampo

A31, Prabiw

P.A.V. Ansah Street

Saltpond

&

Suro Nipa House

Behind Old Post Office

Larteh-Akuapim

Background

A private media House, The Fourth Estate, in December 2023 alleged that GRA granted SML a purported 10-year contract with an annual payment of $100 million, raising concerns about possible irregularities. SML refuted the claim, asserting that it had a five-year contract instead.

President Akufo-Addo appointed KPMG, an audit, tax, and advisory services firm, to conduct the immediate audit.

SML expressed confidence that the audit would provide a clear and accurate depiction of its operations.

However, President Akufo-Addo extended the limit given to audit firm KPMG, to complete its audit following its request.

The report was expected to be given to the President in February.

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