• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 18, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

SML Saga: CDD-Ghana Fellow Calls for Accountability and Transparency

Evans Junior Owuby Evans Junior Owu
June 2, 2024
Reading Time: 3 mins read
Add as Preferred on Google
rofessor Stephen Kweku Asare

rofessor Stephen Kweku Asare

Professor Stephen Kweku Asare, a Democracy and Development Fellow at the Ghana Centre for Democratic Development, has raised deep concerns regarding the lack of action on multiple violations uncovered by the KPMG’s audit report on the Strategic Mobilization Ghana Limited contract with the Ghana Revenue Authority.  

In a scathing critique, the renowned good governance advocate bemoaned the waning public interest in the KPMG’s audit report highlighting significant breaches of the country’s laws and other statutory regulations.

“We are done with talking about SML and have moved on. Yet, we have an audit report that tells us there are multiple violations of the Procurement Act, GRA Act, and other laws. We are told that Board approvals were not obtained on some key contracts and there is no value for money on several contracts”.

Professor Stephen Kweku Asare, Democracy and Development Fellow, Ghana Centre for Democratic Development

Professor Asare noted that the findings in KPMG’s audit report on the controversial contract suggest systemic flaws in the procurement processes and a worrying disregard for established legal frameworks.

He emphasised that one of the most alarming revelations is the lack of parliamentary oversight on multi-year contracts involving billions of dollars.

ADVERTISEMENT

He added that the omission by government officials undermines the principles of transparency and accountability and poses significant risks to the country’s financial health and governance structures.

The Democracy and Development Fellow at the Ghana Centre for Democratic Development strongly criticized the prevalent approach of engaging in brief discussions about the controversial matter without tangible action.

Ken and Sotthie 1
Ken Ofori Atta, Former Finance Minister and Christian Sottie, Managing Director SML

No Action and Talk Only

He argued that the superficial engagement, which he termed “no action and talk only”, effectively protects those responsible for these violations and perpetuates a culture of “impunity, kleptocracy, and financial mismanagement”.  

Instead, Professor Stephen Kweku Asare advocated for good governance, an effective and more efficient way of addressing the alarming nature of the violations in the report.

He underscored that such an approach demands rigorous enforcement of accountability measures, including the disgorgement of all illegal profits, imposition of civil penalties, and pursuit of criminal prosecutions against those involved.

ADVERTISEMENT

Additionally, Professor Asare called for the immediate dismissal of public officials who facilitated these unlawful actions and a comprehensive restructuring of the implicated public entities to prevent future occurrences.

“The GOGO way is founded on the principle that no company, irrespective of its value or ownership, should benefit from illegal activities or misconduct”.

Professor Stephen Kweku Asare, Democracy and Development Fellow, Ghana Centre for Democratic Development

He emphasized that such an approach is not a witch-hunt or anti-entrepreneurship, but a necessary pursuit of transparency, accountability, rule of law, and the protection of the public purse.

He contrasts this with the “no action and talk only” approach, which he argued promotes opacity and impunity, leading to the further depletion of public resources.

ADVERTISEMENT

Professor Asare cautioned that failing to take decisive action not only shields the wrongdoers but also erodes public trust and encourages further violations.

Professor Stephen Kweku Asare, a Democracy and Development Fellow at the Ghana Centre for Democratic Development concluded his statement with an appeal for collective action to safeguard the country’s financial integrity.

He added “If you say a prayer this morning, say one for the public purse too,” underscoring the critical importance of protecting public resources for the sustainable development and prosperity of the country.

READ ALSO: ANC Loses Parliamentary Majority for First Time Since Apartheid

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: accountabilityCenter for Democratic Development (CDD-Ghana).GRAProfessor Stephen Kweku AsareSMLSML Saga
Please login to join discussion
Previous Post

Starmer Highlights “Wealth Creation” As Top Priority Ahead Of Election

Next Post

China Accused Of Aiding Russia In Undermining Ukraine Peace Summit

Related Posts

Minority Leader and Member of Parliament for Effutu, Hon Alexander Afenyo Markin
General News

Afenyo-Markin Alleges Grand Conspiracy by Baffoe-Bonnie to Remove Torkornoo

August 18, 2026
Felicia Martey Dodoo  Principal Midwifery Officer, Greater Accra Regional Hospital
General News

 Lack Of Infrastructure Fuelling Mathernal Mortality – Mad. Dodoo

August 18, 2026
Dr Ekua Amoakoh
General News

Fresh Momentum Will Strengthen NPP Ahead Of 2028, Dr Amoakoh Declares

August 18, 2026
Foreign Affairs Minister Samuel Okudzeto Ablakwa, left, and Russian Foreign Minister Sergey Lavrov exchange the signed copies of the visa waiver agreement covering diplomatic and service passports. Photo: Ministry of Foreign Affairs
General News

Ablakwa Secures Visa Waiver, Doubled Scholarships, and Defence Ratification in Russia

August 18, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

1001082663

Assad Cousin Sentenced to Death in Syria

August 18, 2026
TPO

UK Bans Key Chemical Used in Gel Nail Polishes

August 18, 2026
Institute of Energy Security

IES Urges Mandatory Crude Supply To Revive TOR

August 18, 2026
A farmer working and watering damaged agricultural land amidst widespread destruction in the Gaza Strip.

Only 3% of Gaza’s Cropland Remains Accessible and Undamaged, UN Warns

August 18, 2026
Minority Leader and Member of Parliament for Effutu, Hon Alexander Afenyo Markin

Afenyo-Markin Alleges Grand Conspiracy by Baffoe-Bonnie to Remove Torkornoo

August 18, 2026
ADVERTISEMENT
Next Post
Volodymyr Zelenskyy, President of Ukraine.

China Accused Of Aiding Russia In Undermining Ukraine Peace Summit

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.