KPMG’s report on Ofori-Atta was startling and incomplete

Special Prosecutor Kissi Agyebeng has disclosed that discrepancies in the KPMG audit report on Ken Ofori-Atta’s revenue assurance dealings triggered a full-scale criminal investigation.
Mr Agyebeng said the Office of the Special Prosecutor (OSP) began probing the matter in December 2023 after receiving a petition from three journalists from The Fourth Estate.
“We had enough to establish a clear path by December, but when the President later appointed KPMG to audit the case, we decided to hold off briefly to compare notes,” he said on The KSM Show monitored by MyNewsGh.
However, when the KPMG report was finally submitted in March 2024, its findings contradicted what the OSP had already uncovered.
“KPMG made some conclusions that startled us. Our preliminary investigation showed something else entirely,” he revealed.
He explained that auditors and prosecutors have different objectives.
“An auditor looks for financial discrepancies, but as a corruption investigator, I look for criminal intent and abuse of office. Those are not the same things,” he clarified.
Agyebeng said the OSP’s findings suggested that KPMG had wrongly attributed certain revenue increases to the involvement of Ofori-Atta’s company.
“What they called performance was actually trend analysis. There were more vehicles, more depots, and more taxes, but that had nothing to do with the company’s participation,” he stated.




