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SML responds to OSP probe, insists on facts and transparency in revenue debate

Fri, Oct 31 2025 2:56 PM
in Ghana General News
sml responds to osp probe insists on facts and transparency in revenue debate
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SML responds to OSP probe, insists on facts and transparency in revenue debate

Strategic Mobilisation Ghana Limited (SML) has responded to ongoing public discussions following the Office of the Special Prosecutor’s (OSP) October 30 briefing, reaffirming its full cooperation with all lawful review processes while urging that Ghana’s revenue debate be guided by facts rather than assumptions.

In a statement issued on Friday, October 31, 2025, and signed by its Communications Department, SML said it remains “proud of the work done, the controls that governed it, and the measurable value created for Ghana.”

According to the company’s Lead Counsel, SML will present all relevant documents to the appropriate authorities, adding that “fairness, transparency, and evidence must guide the national conversation.”

The company clarified that it is a wholly Ghanaian-owned private enterprise, with no current or former public official owning or controlling shares. It described as “inaccurate and misleading” suggestions that its ownership was politically linked.

SML outlined its engagement with the Ghana Revenue Authority (GRA), explaining that its contracts operate under a risk-and-reward service framework aimed at improving revenue mobilisation through measurable outcomes.

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These include transaction audits, petroleum measurement audits, and pending deployments for upstream petroleum and solid minerals audits.

“All payments were tied to verified deliverables under continuous GRA supervision,” the statement said, noting that oversight mechanisms such as data validation and reconciliation were used before any disbursement.

The company also questioned the OSP’s reported figure of GH¢125 million allegedly to be recovered by the state, insisting that the government rather owes SML based on verified performance data and reconciliations with the GRA.

It further claimed its downstream petroleum audit system has generated approximately GH¢20 billion in verified revenue for the state, contributing to a 92 per cent increase in taxable volumes and a 33 per cent rise in import clearance revenue.

SML added that its operations complement, rather than duplicate, existing government efforts, with the Ghana Standards Authority (GSA) certifying its petroleum monitoring systems as accurate and fit for purpose.

The company also dismissed reports linking it to the defunct West Blue Consulting, clarifying that Ghana Link’s ICUMS platform succeeded West Blue’s system, not SML’s.

Addressing suggestions of corporate concealment, SML said its name change from Strategic Mobilisation Enhancement Limited (SMEL) to Strategic Mobilization Limited (SML) was a “legitimate corporate decision undertaken solely for branding clarity and market simplicity.”

The company reiterated its commitment to strengthening Ghana’s revenue mobilisation through technology and professional integrity.

“SML stands as a Ghanaian innovation story; a private enterprise that assumed operational risk under a performance-based framework and is compensated only after verified results,” the statement said.

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