The Government of Ghana has instructed the termination of all contracts with Strategic Mobilisation Ghana Limited (SML) following the conclusion of an investigation by the Office of the Special Prosecutor (OSP).
The directive was communicated in a letter signed by the Secretary to the President, Dr. Callistus Mahama, addressed to the Minister of Finance, Dr. Cassiel Ato Forson, instructing prompt action to end all agreements involving SML.
The OSP probe examined revenue assurance contracts between SML and the Ghana Revenue Authority (GRA), focusing on alleged procurement breaches, contractual irregularities, and value-for-money concerns.
At a press briefing in Accra on Thursday, October 30, Special Prosecutor Mr. Kissi Agyebeng disclosed that the investigation found “no genuine need for engaging SML for the services it purported to perform.” He further stated that the contracts were awarded through “self-serving official patronage, sponsorship, and promotion based on false and unverified claims.”
However, SML has rejected the OSP’s conclusions, insisting that its operations were lawful, transparent, and beneficial to the state. In a statement issued on Friday, October 31, 2025, the company said it had “fully cooperated with all lawful investigations” and urged that public discussions be based on verified facts rather than speculation.
“We will present all relevant documents before the appropriate authorities. We remain proud of the work done, the controls that governed it, and the measurable value created for Ghana,” said SML’s Lead Counsel.
SML also emphasized that it is a wholly Ghanaian-owned company with no political affiliations. The firm explained that its contracts with the GRA were structured under a “risk-and-reward” framework aimed at boosting national revenue mobilisation through measurable outcomes.
The company further noted that its services — including transaction audits, external price verification, and downstream petroleum measurement — were conducted under GRA supervision, with payments made only after results were independently verified.