GRA did not obtain expected benefits from SML Contract – KPMG report

The President of Ghana has acted on an Audit carried out by KPMG on the contract between SML and the Ghana Revenue Authority. President Nana Addo Dankwa Akufo-Addo commissioned KPMG to audit the contract between the Ghana Revenue Authority and SML after news broke that the contract was not giving the country value for money. […] The post GRA did not obtain expected benefits from SML Contract – KPMG report appeared first on MyNewsGh.

Apr 24, 2024 - 10:45
Apr 29, 2024 - 02:48
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GRA did not obtain expected benefits from SML Contract – KPMG report

The President of Ghana has acted on an Audit carried out by KPMG on the contract between SML and the Ghana Revenue Authority.

President Nana Addo Dankwa Akufo-Addo commissioned KPMG to audit the contract between the Ghana Revenue Authority and SML after news broke that the contract was not giving the country value for money.

A statement issued by the Presidency on April 24, 2024, indicated that the President had acted on the Audit report he received on March 27, 2024.

It indicated that before the signing of the contract between SML and the GRA, there was no technical needs assessment done by the Ghana Revenue Authority.

The report added that the Public Procurement Authority rejected the contract that GRA wanted on a single-source procurement method three times but the GRA went ahead to engage SML after their contract with West Blue expired.

The report indicated that the Ghana Revenue Authority “may not have obtained all the expected benefits from the service”.

“Regarding the transaction audit services, KPMG concluded that SML partially delivered on the service requirements. However, given the observations made during the investigations, GRA may not have obtained all the expected benefits from the service. This is also partly due to GRA’s lack of instituting monitoring and evaluation processes to assess the performance of the service and hold its personnel and SML accountable for non-performance.

Regarding the external price verification services, KPMG concluded that SML delivered
partially on the service requirements and that, given the observations made during the
investigations, GRA may not have obtained all the expected benefits from the service. It
was noted that ICUMS has inbuilt capabilities of external price verification among other
functions.

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