{"id":63806,"date":"2024-01-04T17:33:24","date_gmt":"2024-01-04T17:33:24","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=63806"},"modified":"2024-01-04T14:28:42","modified_gmt":"2024-01-04T14:28:42","slug":"gra-sml-deal-akufo-addos-directive-to-kpmg-is-a-positive-move-ahiagbah","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/gra-sml-deal-akufo-addos-directive-to-kpmg-is-a-positive-move-ahiagbah","title":{"rendered":"GRA-SML deal: Akufo-Addo\u2019s directive to KPMG is a positive move \u2013 Ahiagbah"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah, has described the directive by President Nana Addo Dankwa Akufo-Addo to KPMG to audit the agreement between the Ghana Revenue Authority (GRA) and the Stargetic Mobilisations Limited (SML) as a positive move.<\/b><\/p>\n<p>\u201cThis is a positive move by H.E Akufo-Addo,\u201d he wrote on X.<\/p>\n<p>His comments come at a time when some civil society activists have opposed the directive.<\/p>\n<p>For instance, the Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye said KPMG is a client of GRA, therefore, it would be unethical for KPMG to audit the agreement.<\/p>\n<p>\u201cKPMG has its integrity at stake if it accepts this job. It is a client of GRA and its investigation against the leaders of one of its large portfolios is exceedingly suspicious. Simply unethical,\u201d he wrote on X.<\/p>\n<p>Similarly, a Vice President of IMANI Africa, Bright Simons said the nature of the allegations against the deal requires state bodies with the right powers and independence to audit.<\/p>\n<p>\u201cThe terms of reference do not extend to a forensic examination of the procurement abuses (single sourcing of an unqualified entity) nor of the technology system purported to have been created for the job, etc. A detailed concurrent review by the OSP &amp; CHRAJ is warranted.<\/p>\n<p>2\/<\/p>\n<p>The terms of reference do not extend to a forensic examination of the procurement abuses (single sourcing of an unqualified entity) nor of the technology system purported to have been created for the job, etc. A DETAILED concurrent review by the OSP &amp; CHRAJ is warranted.<\/p>\n<p>\u201cKPMG\u2019s practice oversight bosses should prudently preserve the firm\u2019s reputation &amp; drop this assignment. This issue is a hot political potato right now. The nature of the allegations requires an IN-DEPTH look by state bodies with the RIGHT POWERS &amp; INDEPENDENCE. KPMG has neither,\u201d he wrote on X.<\/p>\n<p>President Nana Addo Dankwa Akufo-Addo appointed accounting and auditing firm, KPMG to audit the contract between the Ghana Revenue Authority (GRA) and the Strategic Mobilisation Ghana Limited (SML).<\/p>\n<p>The President tasked KPMG to complete the audit in two weeks.<\/p>\n<p>This was contained in a press statement issued by the Director of Communications at the Presidency Eugene Arhin on Tuesday, January 2.<\/p>\n<p>\u201cThe President has also tasked the Ministry of Finance and GRA to provide KPMG with whatever assistance they will require for the conduct of the audit,\u201d portions of the statement said.<\/p>\n<p>The Terms of Reference of the audit are as follows: \u201ci. conduct an audit to ascertain the rationale or needs assessment performed prior to the contract approval by GRA, and assess how the arrangement aligns with specific needs; ii. assess the appropriateness of the contracting methodology, verifying compliance with legal standards and industry best practices in the procurement process for the selection of SML;<\/p>\n<p>iii. evaluate the degree of alignment between current activities and the stipulated contract scope, identifying any deviations; iv. evaluate the value or benefit that SML has so far offered to the GRA through this engagement; v. review the financial arrangements, including pricing structures, payment terms and resolution of any financial compliance issues; and vi. submit a report on your findings on the above, together with appropriate recommendations.\u201d<\/p>\n<p>\u201cThe President has directed the Ministry of Finance and GRA to provide KPMG with whatever assistance they will require for conduct of the audit, and has also directed the Ministry of Finance and the Ghana Revenue Authority to suspend the performance of the contract, pending the submission of the audit report, including any payments presently envisaged under its terms,\u201d the statement concluded.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah, has described the directive by President Nana Addo Dankwa Akufo-Addo to KPMG to audit the agreement between the Ghana Revenue Authority (GRA) and the Stargetic Mobilisations Limited (SML) as a positive move. \u201cThis is a positive move by H.E Akufo-Addo,\u201d [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":63804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[5092,5096,429],"class_list":["post-63806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-parties","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GRA-SML deal: Akufo-Addo\u2019s directive to KPMG is a positive move \u2013 Ahiagbah - 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