{"id":5048,"date":"2024-04-25T13:21:58","date_gmt":"2024-04-25T13:21:58","guid":{"rendered":"https:\/\/sotnews.agency\/?p=5048"},"modified":"2024-04-25T13:21:58","modified_gmt":"2024-04-25T13:21:58","slug":"weve-not-been-paid-gh%c2%a21bn-kpmgs-claim-inaccurate-sml","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=5048","title":{"rendered":"We\u2019ve not been paid GH\u00a21bn; KPMG\u2019s claim inaccurate \u2013 SML"},"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, 38 Second                <\/div>\n\n            <\/div><p>The Strategic Mobilisation Ghana Ltd (SML) has denied that it was compensated GH\u00a21,061,054,778.00 for the revenue mobilisation contract it had with the Ghana Revenue Authority (GRA).<\/p>\n<p>KPMG was ordered by President Akufo-Addo on January 2 to audit the contract between the GRA and SML and following the submission of its report to the president, it disclosed that SML was paid a total of GH\u00a21,061,054,778.00 from 2018 to the date.<\/p>\n<p>But Strategic Mobilisation Ghana Ltd denied the claims in a response, stating that KPMG quoted the figure \u201cwithout reference to the investments made and the taxes paid\u201d within the period under review.<\/p>\n<p>\u201cKPMG quotes a figure as compensation to SML. It is interesting to note that this figure is quoted without reference to the investments made and the taxes paid by SML over the period within the consolidated contract.<\/p>\n<p>\u201cThe compensation of GH\u00a21,061,054,778.00 stated by KPMG is inaccurate.\u201d<\/p>\n<p>SML also said KPMG\u2019s failure to state that 31.5 percent of the total GH\u00a21,061,054,778.00 taken as taxes creates a very unbalanced \u201cimpression of the relationship between the compensation and the investment and other related costs.\u201d<\/p>\n<p>\u201cSML finds that KPMG\u2019s failure to state GRA taxes of 31.5% taken before payment, interest payments of 32% plus the investment repayment made by SML, and other taxes\/duties over the period creates a very unbalanced impression of the relationship between the compensation and the investment and other related costs. This omission is highly misleading.\u201d<\/p>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: <a href=\"https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x\" target=\"_blank\" rel=\"noopener\">https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/a><\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<p>The post <a href=\"https:\/\/citinewsroom.com\/2024\/04\/kpmgs-claims-of-gh%C2%A21bn-payment-inaccurate-sml\/\" target=\"_blank\" rel=\"noopener\">We\u2019ve not been paid GH\u00a21bn; KPMG\u2019s claim inaccurate \u2013 SML<\/a> appeared first on <a href=\"https:\/\/citinewsroom.com\/\" target=\"_blank\" rel=\"noopener\">Citinewsroom &#8211; Comprehensive News in Ghana<\/a>.<\/p>        <div 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KPMG was ordered by&hellip; <\/p>\n","protected":false},"author":1,"featured_media":421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-5048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/5048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5048"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/5048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/421"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}