Strategic Mobilisation Ghana Limited (SML) has reaffirmed that all payments made to the company were based on verified performance, under the strict oversight of the Ghana Revenue Authority (GRA).
In a statement released on Friday, October 31, 2025, SML clarified that the GRA, in collaboration with the Ministry of Finance, consolidated existing contracts and expanded the company’s mandate to include upstream petroleum and minerals revenue audits.
“All payments were tied to verified deliverables and measurable outputs,” the statement read. “Oversight mechanisms included technical validation, data and report reconciliation, and documentary confirmation prior to any disbursement.”
SML emphasized that its operations do not duplicate existing government functions but rather serve as a complementary force to enhance tax revenue generation across various sectors.
“SML’s work complements, rather than duplicates, existing state functions. In the downstream petroleum sector, our systems introduced continuous digital monitoring to address long-standing weaknesses in manual measurements and fragmented data,” the company noted.
The statement was issued in response to findings by the Office of the Special Prosecutor (OSP), which alleged systemic breaches of public financial regulations and potential abuse of official power, resulting in financial loss to the state.
According to the OSP, the contract awarded to SML, intended to provide revenue assurance services in the petroleum, mining, and liquid bulk distribution (LBD) sectors, lacked a legitimate operational basis.
“There was no established financial management system of monitoring and verification to ensure that the Republic was obtaining value for money in its payments to SML,” said Special Prosecutor Kissi Agyebeng.
In rebuttal, SML outlined ten key points to clarify its position:
- SML is wholly Ghanaian-owned and has no political or public office affiliations.
- The GRA defined the contract scope to address specific revenue challenges.
- All payments were based on verified performance under GRA oversight.
- SML disputes the GHS 125 million recovery claim, asserting instead that the state owes the company, as confirmed by GRA records.
- The GRA’s automatic allocation payment formula—used without invoices—predates SML and is applied uniformly across institutions.
- SML has generated over GHS 20 billion in verified revenue in the downstream petroleum sector and increased import clearance revenue by 33%.
- Its operations enhance, not duplicate, existing tax revenue efforts.
- West Blue was replaced by Ghana Link’s ICUMS, not SML.
- SML’s downstream petroleum auditing equipment is certified by the Ghana Standards Authority (GSA).
- The company’s name change was a lawful corporate branding decision, fully compliant with business registration regulations.
