The lawyer for Strategic Mobilization Ghana Limited (SML), Cephas Boyuo, has dismissed claims by the Office of the Special Prosecutor (OSP) regarding the company’s contract with the Government of Ghana, describing them as “misconceptions and misrepresentations.”
Addressing the press on November 6, Mr. Boyuo Boyuo dismissed the assertion that the contract required parliamentary approval under Section 331 of the Public Financial Management Act.
“Another major misconception and misrepresentation by the OSP relates to the claim that the contract between SML and the Government of Ghana required parliamentary approval under Section 331 of the Public Financial Management Act. This claim is factually incorrect and inconsistent with national practice.
“Let me be clear on this: the GRA-SML contract did not create multi-year financial obligation; it didn’t. There was no debt exposure, no contingent liability—in fact, no contingent liability on government, absolutely none,” Mr. Boyuo said.
He added, “Now under the law, those are the only circumstances in which parliamentary approval is triggered. In fact, the opposite is true, and please capture it well for us, for the people of Ghana to understand.”
Mr. Boyuo also highlighted that SML fully funded the project from its own resources.
“SML funded 100 percent of the project from its own resources. Every tool, every meter, every server, every solar system, every ICT device, every installation was imported, installed, operated, and maintained at SML’s own cost,” he explained.
He emphasised the company’s significant financial contributions to the state, saying, “And more importantly, SML paid all import duties, VAT, levies, and statutory charges exceeding over 500 million Ghana cedis, and this excludes actual investment.
“So you want to rush and terminate; we are there, we will pay for all that. If that is what you want to do, you can go ahead.”
On the government’s involvement, Mr. Boyuo stressed, “Government did not pay a pesewa, government did not guarantee anything, government did not provide capital or assume any risk—in fact, government has zero exposure.”
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