{"id":63970,"date":"2024-01-06T17:09:06","date_gmt":"2024-01-06T17:09:06","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=63970"},"modified":"2024-01-06T16:40:28","modified_gmt":"2024-01-06T16:40:28","slug":"gra-sml-deal-do-you-have-any-contracts-with-gra-braimah-asks-kpmg","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/gra-sml-deal-do-you-have-any-contracts-with-gra-braimah-asks-kpmg","title":{"rendered":"GRA-SML deal: Do you have any contracts with GRA? \u2013 Braimah asks KPMG"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Executive Director of the Media Foundation for West Africa (MFWA) Sulemana Braimah has questioned accounting and auditing firm, KPMG whether or not it has any contract with the Ghana Revenue Authority (GRA).<\/b><\/p>\n

Mr Braimah indicated that he is going to demand critical answers from KPMG in relation to its dealing with the GRA vis-a-vis the directive given to the firm by President Nana Addo Dankwa Nana Addo Dankwa Akufo-Addo to audit the agreement between the GRA and the Strategic Mobilisation Limited (SML).<\/p>\n

\u201cThe GHC 3 billion Lie: Dear KPMG Ghana, do you already have any contracts with GRA? Any recruitment exercise for GRA recently? Were you involved in ICUMS audit? Is GRA already a major client of KMPG Ghana? Ok, we are coming for answers,\u201d he wrote on his X platform.<\/p>\n

The GHC 3billion Lie:<\/p>\n

Dear KPMG Ghana, do you already have any contracts with GRA? Any recruitment exercise for GRA recently? Were you involved in ICUMS audit? Is GRA already a major client of KMPG Ghana? Ok, we are coming for answers.<\/p>\n

Some civil society activists have also opposed the President\u2019s directive to KPMG.<\/p>\n

For instance, 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

\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 & CHRAJ is warranted.<\/p>\n

\u201cKPMG\u2019s practice oversight bosses should prudently preserve the firm\u2019s reputation & 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 & INDEPENDENCE. KPMG has neither,\u201d he wrote on X.<\/p>\n

Similarly, Executive Director of the Africa Centre for Energy Policy Benjamin Boakye said KPMG is a client of GRA, therefore, it would be unethical for it to accept this particular assignment.<\/p>\n

\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

Former Auditor-General Daniel Domelevo also said the Audit Service is in a position to do a better job in auditing the agreement than KPMG.<\/p>\n

He stated that the directive by President Nana Addo Dankwa Akufo-Addo to KPMG will further waste public resources because state agencies such as the Economic and Organised Crime Office (EOCO), the Office of the Special Prosecutor (OSP) and the Audit Service are there to perform this particular task.<\/p>\n

Asked for his views on the directive while speaking on Wednesday, January 3, Mr Domelevo said \u201cIt is not necessary, it is a further waste of public funds, because there are several anti-corruption agencies in the country. First, we have the EOCO, we have the OSP and if it is a matter of audit we have the Ghana Audit Service or the Office of the Auditor-General.<\/p>\n

SML Management welcomes suspension and audit of contract with GRA<\/p>\n

\u201cIf you read Article 187 Clause 8 of the Constitution, it says that in the national interest the President, upon advice from the Council of State may ask the Auditor-General to conduct audits. So such audits can be done better by the Auditor-General instead of the KPMG.<\/p>\n

\u201cSo my initial reaction is that this is a further wastage of public resources which must be avoided.\u201d<\/p>\n

President Nana Addo Dankwa Akufo-Addo had 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

The President tasked KPMG to complete the audit in two weeks.<\/p>\n

This was contained in a press statement issued by the Director of Communications at the Presidency Eugene Arhin on Tuesday, January 2.<\/p>\n

\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

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

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

\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

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Executive Director of the Media Foundation for West Africa (MFWA) Sulemana Braimah has questioned accounting and auditing firm, KPMG whether or not it has any contract with the Ghana Revenue Authority (GRA). Mr Braimah indicated that he is going to demand critical answers from KPMG in relation to its dealing with […]<\/p>\n","protected":false},"author":84,"featured_media":63969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[5092,5096,429],"class_list":["post-63970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nGRA-SML deal: Do you have any contracts with GRA? \u2013 Braimah asks KPMG - Ghana<\/title>\n<meta name=\"description\" content=\"The Executive Director of the Media Foundation for West Africa (MFWA) Sulemana Braimah has questioned accounting and ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/gra-sml-deal-do-you-have-any-contracts-with-gra-braimah-asks-kpmg\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GRA-SML deal: Do you have any contracts with GRA? 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