Professor Isaac Boadi, Dean of the College of Accounting and Finance on the College of Skilled Studies, has known as on the federal government to permit the court docket to look at the allegations of misconduct associated to the operations of Strategic Mobilisation Ghana Restricted (SML).
Prof. Isaac Boadi, Dean, Faculty of Accounting and Finance, College of Skilled Studies, has urged the federal government to let the court docket to check the allegations of wrongdoings in opposition to Strategic Mobilisation Ghana Restricted (SML) operations.
The earlier authorities signed a consolidated contract with SML to watch and audit downstream petroleum sector, upstream petroleum manufacturing (2023) and minerals and metals assets worth chain.
“For Ghana’s fiscal well being, the precedence have to be rigorous, evidence-based scrutiny—not sensationalised media trials. If SML’s critics possess irrefutable proof, let or not it’s examined in court docket. In any other case, the marketing campaign dangers being perceived as a determined bid to resurrect an period of unchecked income leakage,” he defined.
Talking in an interview with this paper in Accra yesterday, he stated the SML saga mirrored a broader wrestle between transparency advocates and entities benefiting from opacity.
Moreover, Prof. Boadi said that “Whereas reputable considerations about procurement professionalcesses needs to be investigated, the load of institutional endorsements from KPMG to Parliament, bolsters SML’s credibility.”
The federal government, he famous, confronted a essential take a look at: whether or not to uphold a system that recovers billions in misplaced income or yield to stress from actors threatened by accountability.
SML has been accused of securing a profitable contract by way of opaque procurement processes and failing to ship on its mandate.
Nonetheless, Prof. Boadi stated audit performed by respected organisations discovered no hostile findings in opposition to SML.
The KPMG 306-page audit commissioned by President Akufo-Addo in 2024 discovered no proof of wrongdoing by SML. The report affirmed the corporate’s effectiveness in enhancing income assortment. The GRA publicly praised SML’s position in decreasing petroleum sector leakages, stating its methods have “considerably improved income assurance,” he underlined.
He stated the Parliamentary Vitality Committee, chaired by Samuel Atta Akyea, lauded SML’s “sensible options” to long-standing income losses.
