The Office of the Special Prosecutor has issued a sharp denunciation of the revenue assurance agreement between the Ghana Revenue Authority and Strategic Mobilisation Ghana Limited, stating there was “no genuine need” for the deal and that the state gained no value.
At a press briefing, Special Prosecutor Kissi Agyebeng said evidence showed the contract was pushed through “self serving official patronage” despite an absence of operational justification. According to him, officials advanced the arrangement based on “false and unverified claims” rather than merit or demonstrated necessity.
The investigation revealed what the OSP called “egregious statutory breaches”, with mandatory approvals disregarded under the Public Financial Management Act and the Public Procurement Act. The findings suggested officials acted with impunity and bypassed required oversight while handling a high value public agreement.
On payments, the OSP noted that disbursements to SML occurred without performance verification, describing the setup as an “automatic mode” detached from actual service delivery. This, Mr. Agyebeng said, resulted in financial loss to the state, given the absence of systems to confirm value for money.
The full report is expected to outline specific figures and identify officials responsible for promoting and authorising the arrangement. The Special Prosecutor indicated that legal action will follow against persons deemed culpable.
