The Strategic Mobialsation Limited (SML) has sued the Fourth Estate and Manasseh Awuni for defamation following the airing of the ‘GH¢3 billion lie report’.
The company is demanding GHS 10 million in damages.
“Plaintiff says that the onslaught of backlash from the public which has arisen from the Defendants’ false reportage has adversely impacted Plaintiff’s operations.”
“Plaintiff says that although it published rejoinders to the Defendants’ false reportage, the Defendants have failed and/or refused to retract and apologise to the plaintiff for the false information they have consistently peddled,” portions of the suit said.
The Fourth Estate’s report alleged that the Ghana Revenue Authority (GRA) granted SML a purported 10-year contract with an annual payment of $100 million.
This raised concerns about possible irregularities. Following the report President Akufo-Addo ordered the suspension and audit of the contract. He subsequently appointed accounting and auditing firm, KPMG to audit the contract.
This was contained in a press statement issued by the Director of Communications at the Presidency Eugene Arhin on Tuesday, January 2.
“The 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,” portions of the statement said.
The Terms of Reference of the audit are as follows: “i. 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;
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.”
“The 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,” the statement concluded.
The Management of Strategic Mobilisation Ghana Ltd. (SML) welcomed the suspension of the contract and further stated that the directive by President Nana Addo Dankwa Akufo-Addo, to suspend the contract for audit would prove how transparent the agreement is.
“We welcome the directive and the decision to appoint KPMG to conduct an immediate audit of the contract. SML awaits the results of the audit, as it will help establish a clear and accurate picture of our operations. We hope that the report’s findings will be made public, allowing for transparency and accountability, “ the Management said in a press release dated January 3, 2024.
SML Management expressed confidence that the audit will vindicate them.
“We remain resolute in upholding the highest business standards and welcome the scrutiny that this audit would bring. We are confident that the findings will confirm the integrity of our collaboration with GRA and the Ministry of Finance and provide ample evidence of the value we provide citizens.”
Source: 3news
