The Office of the Special Prosecutor (OSP) says its probe into contracts between Strategic Mobilisation Ghana Limited (SML) and the Ghana Revenue Authority (GRA) has saved the Republic GH¢5,730,975,354.42.
The findings were contained in the OSP’s 2025 Half-Yearly Report, signed by Special Prosecutor Kissi Agyebeng.
The investigation revealed that SML contracts, meant to enhance revenue assurance in petroleum and minerals sectors, were unnecessary and secured through “self-serving official patronage” with serious statutory breaches. Payments were processed automatically, detached from actual performance, causing significant financial loss.
According to the report, the accused—including former Finance Minister Kenneth Nana Yaw Ofori-Atta, former GRA Commissioners-General Emmanuel Kofi Nti and Ammishaddai Owusu-Amoah, former Customs Commissioner Col. (rtd) Kwadwo Damoah, and SML CEO Evans Adusei—conspired to benefit from the contracts, resulting in a loss of GH¢1,436,249,828.53 to the state.
The report noted that SML aimed to deprive the Republic of an additional US$2.8 billion. Following the OSP’s findings, President John Dramani Mahama directed the cancellation of all public procurement contracts awarded to SML.
