Close Menu
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Public accountability is not witch-hunting — Kwakye Ofosu defends AG

November 2, 2025

Mahama’s return has delivered accountability and action, not excuses — Kwakye Ofosu

November 2, 2025

Corruption Fight: Mahama acted, and that is motivation for journalists – Manasseh

November 2, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Pinterest
  • Home
  • News

    She should face questions, not ask them – A Plus goes after Abena Asare

    November 2, 2025

    Ghana Armed Forces extends recruitment deadline to Nov 7

    November 2, 2025

    NAIMOS raids galamsey site in Ahafo, arrests foreign national

    November 2, 2025

    Central Gonja DCE urges residents to take responsibility for clean environment

    November 1, 2025

    UER: Zamse TSHS students cry over poor facilities, PTA comes to the rescue

    November 1, 2025
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV
Home»News»SML disputes GH¢125m recovery claim, insists govt is indebted to firm
News

SML disputes GH¢125m recovery claim, insists govt is indebted to firm

SAMUELBy SAMUELOctober 31, 20252 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Strategic Mobilisation Ghana Limited (SML) has dismissed claims of overpayment in its revenue assurance contracts with the Ghana Revenue Authority (GRA).

This follows an announcement by the Office of the Special Prosecutor (OSP) to recover a total of GHS125 million from Strategic Mobilisation Ghana Limited, following findings that the company received overpayments from the state.

Special Prosecutor Mr. Kissi Agyebeng explained at a presser in Accra on Thursday, October 30, that the amount represents unjust enrichment by SML through largely automatic payments that were detached from actual performance.

In a rebuttal, the SML in a statement issued on Friday, October 31, 2025, asserted, “All payments were tied to verified performance under GRA’s oversight. SML questions the basis of the purported GHS125 million recovery claim; the state instead owes SML, as confirmed by GRA records.

“GRA’s automatic allocation payment formula which enables payments without the use of invoices predates SML and is applied uniformly across all institutions involved. SML has generated more than 20 billion cedis in verified revenue in the downstream petroleum sector and increased import clearance revenue collections by 33 percent.”

The statement added that SML’s operations do not duplicate existing efforts.

“SML’s operations do not duplicate existing efforts: rather, they serve as an enabler and complement existing efforts across respective sectors for tax revenue generation.”

Source:Lovinghananews.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
SAMUEL
  • Website

Related Posts

She should face questions, not ask them – A Plus goes after Abena Asare

November 2, 2025

Ghana Armed Forces extends recruitment deadline to Nov 7

November 2, 2025

NAIMOS raids galamsey site in Ahafo, arrests foreign national

November 2, 2025

Comments are closed.

Don't Miss
Politics

Public accountability is not witch-hunting — Kwakye Ofosu defends AG

Felix Kwakye Ofosu has defended the Mahama government’s decision to publicly update Ghanaians on corruption…

Mahama’s return has delivered accountability and action, not excuses — Kwakye Ofosu

November 2, 2025

Corruption Fight: Mahama acted, and that is motivation for journalists – Manasseh

November 2, 2025

Many women at rehab are there because of broken hearts — Wendy Shay

November 2, 2025
Demo
Top Posts

Misinformation fuelling galamsey tensions – Security Consultant warns

September 13, 2025

Heartbreak For Ghana As Morocco Wins Penalty Shootout To Reach WAFCON Final

July 27, 2025

Versatile Jeffery Schlupp Targets English Premier League Promotion With Norwich City

July 27, 2025

Ghana Clinch WAFCON Bronze After Penalty Drama Against South Africa

July 27, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

  • Home
  • News

    She should face questions, not ask them – A Plus goes after Abena Asare

    November 2, 2025

    Ghana Armed Forces extends recruitment deadline to Nov 7

    November 2, 2025

    NAIMOS raids galamsey site in Ahafo, arrests foreign national

    November 2, 2025

    Central Gonja DCE urges residents to take responsibility for clean environment

    November 1, 2025

    UER: Zamse TSHS students cry over poor facilities, PTA comes to the rescue

    November 1, 2025
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV
© 2025 Loving Ghana News. Designed by King Bygone's Media.

Type above and press Enter to search. Press Esc to cancel.