{"id":5047,"date":"2024-04-25T13:21:58","date_gmt":"2024-04-25T13:21:58","guid":{"rendered":"https:\/\/sotnews.agency\/?p=5047"},"modified":"2024-04-25T13:21:58","modified_gmt":"2024-04-25T13:21:58","slug":"we-fully-delivered-on-our-obligations-sml-insists","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=5047","title":{"rendered":"We fully delivered on our obligations \u2013 SML insists"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 28 Second                <\/div>\n\n            <\/div><p><span>Strategic Mobilisation Ghana Limited (SML) has vehemently rejected claims by KPMG in its recent audit report concerning its contract with the Ghana Revenue Authority (GRA), asserting that it fully discharged its obligations as stipulated in the Transaction Audit Service Agreement.<\/span><\/p>\n<p><span>In a report submitted to President Akufo-Addo, KPMG concluded that SML had only partially met the service requirements.<\/span><\/p>\n<p><span> The report highlighted concerns that GRA may not have realized all the expected benefits from the service, partly attributed to the absence of monitoring and evaluation processes within GRA.<\/span><\/p>\n<p><span>However, SML countered these claims, emphasising its full compliance with the terms that led to the subsequent recommendation and awarding of the downstream petroleum audit contract.<\/span><\/p>\n<p><span>\u201cRegarding the transaction audit service, SML delivered\u00a0<\/span><span>fully<\/span><span> on the basis for subsequent recommendation and awarding of the downstream petroleum audit contract. The Transaction Audit contract includes provisions for monitoring and evaluation services <\/span><span>as well as<\/span><span> a value-for-money assessment, both of which were diligently adhered to by the GRA and SML.\u00a0<\/span><\/p>\n<p><span>\u201cSML observes that KPMG makes similar findings regarding External Price Verification Services.\u00a0 <\/span><span>SML rejects KPMG\u2019s observation that ICUMS has inbuilt capabilities for External Price Verification.<\/span><\/p>\n<p><span>\u201cSML is an independent assurance audit firm contracted to audit ICUMS, assess the customs at CTSB (Customs Technical Service Bureau) on classification and valuation, and audit the values accordingly. ICUMS cannot audit its operations. SML services provide extra oversight\u00a0<\/span><span>when it comes to<\/span><span>\u00a0classification and valuation,\u201d it stated.\u00a0\u00a0<\/span><\/p>\n<p><span>Meanwhile, the president,\u00a0<\/span><span>Akufo-Addo<\/span><span> endorsed the recommendation by the auditing firm, KPMG, to discontinue the upstream petroleum and minerals audit services previously provided to the Ghana Revenue Authority (GRA) by Strategic Mobilisation Limited (SML).<\/span><\/p>\n<p>The post <a href=\"https:\/\/citinewsroom.com\/2024\/04\/we-fully-delivered-on-our-obligations-sml-insists\/\" target=\"_blank\" rel=\"noopener\">We fully delivered on our obligations \u2013 SML insists<\/a> appeared first on <a href=\"https:\/\/citinewsroom.com\/\" target=\"_blank\" rel=\"noopener\">Citinewsroom &#8211; Comprehensive News in Ghana<\/a>.<\/p>        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div 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