A photo of Strategic Mobilisation Limited building
Revenue assurance firm Strategic Mobilisation Limited (SML) has stated that it is a wholly Ghanaian-owned private company with no ties to former Minister of Finance Ken Ofori-Atta or any members of the previous Akufo-Addo administration.
In a press statement sighted by GhanaWeb Business, SML dismissed suggestions of political influence in its operations, describing such assertions as unfounded and inconsistent with official corporate records.
“SML is a wholly Ghanaian-owned private company duly incorporated under the laws of the Republic of Ghana. Its directors, shareholders, and beneficial owners are publicly registered with the Registrar of Companies. No current or former public official owns, controls, or patronises SML,” the statement read.
The company defended its performance under contracts awarded by the Ghana Revenue Authority (GRA), stating that all payments received were tied to verified deliverables and subject to rigorous oversight.
“SML has efficiently executed its Transaction Audit, External Price Verification, and Downstream Petroleum Audit contracts under continuous GRA supervision. Payments were made only after technical validation, data reconciliation, and documentary confirmation,” it said.
‘There was no genuine need for contracting SML’ – Kissi Agyebeng
SML further noted that its scope was expanded by the GRA and the Ministry of Finance to include upstream petroleum and minerals revenue audits based on its proven capacity and technical expertise.
The statement comes in response to comments made by Special Prosecutor Kissi Agyebeng, who at a press conference on Thursday, October 30, 2025, reaffirmed his office’s intention to recover GH¢125 million from SML, describing the amount as unjust enrichment through automatic payments not backed by performance.
SML, however, challenged the basis of the recovery claim, insisting that the state owes the company.
“SML questions the basis of the purported GH₵125 million ‘to be recovered’ by the state, as the evidence on record clearly indicates otherwise. Official statements on verified performance data and financial reconciliations are available directly from the GRA,” the company stated.
Addressing concerns about duplication of roles, SML clarified that its work in the downstream petroleum sector complements, rather than replaces, existing state functions.
“Our systems introduced continuous digital monitoring to address longstanding weaknesses in manual measurements and fragmented data. SML’s role is to enhance transparency and accountability, not to substitute government oversight,” it added.
Read Strategic Mobilisation Limited’s press release below:
SA/MA
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