In a recent development, President Nana Addo Dankwa Akufo-Addo has taken a decisive step towards ensuring transparency and accountability in the operations of the Ghana Revenue Authority (GRA). The President has appointed the reputable accounting and auditing firm, KPMG, to conduct a thorough audit of the contract between GRA and the Strategic Mobilisation Ghana Limited (SML).
The timeline for this audit is set at two weeks, demonstrating the urgency and priority placed on this matter by the President. In a press statement released by the Director of Communications at the presidency, Eugene Arhin, it was revealed that the Ministry of Finance and GRA have been directed to provide KPMG with full assistance necessary for the successful execution of the audit.
The Terms of Reference for the audit are comprehensive, covering key aspects such as needs assessment prior to contract approval, compliance with legal standards and industry best practices, evaluation of delivered value, financial arrangements, and submission of a detailed report with recommendations.
Furthermore, President Akufo-Addo has instructed the Ministry of Finance and GRA to suspend the performance of the contract with SML until the audit report is submitted. This underscores the commitment to ensuring that the audit findings guide any further actions related to this contract.
The decision to engage KPMG for this critical audit reaffirms the government's commitment to upholding transparency, accountability, and good governance in all sectors. It also sends a strong signal that adherence to due process and value for money are non-negotiable principles in the administration of public contracts.
As stakeholders await the outcome of the audit, it is evident that this move reflects a proactive approach to addressing concerns and ensuring that public resources are utilized efficiently and effectively.
The swift action taken by President Akufo-Addo in appointing KPMG to conduct this audit underscores the government's unwavering commitment to fostering a culture of accountability and integrity in public service.
This development marks a significant step towards fostering public trust and confidence in the management of public funds and contracts. It also serves as a clear demonstration of the government's responsiveness to matters of public interest.
As the audit process unfolds, it is expected that all relevant parties will fully cooperate with KPMG to facilitate a thorough and impartial assessment of the GRA-SML contract. The findings and subsequent actions based on the audit report will undoubtedly have far-reaching implications for ensuring transparency and best practices in public procurement processes.
In conclusion, the decision to appoint KPMG for this audit reflects a resolute commitment to upholding good governance and fiscal responsibility. It sets a commendable precedent for ensuring that public-private engagements are conducted with utmost transparency and in the best interest of the nation.
The eyes of stakeholders will be keenly focused on the outcome of this audit, as it holds the promise of shaping future engagements and reinforcing a culture of accountability in public service.
The presidency's proactive approach in addressing this matter through an independent audit further underscores its dedication to ensuring that public resources are utilized judiciously and for the benefit of all citizens.
(This article is sourced from 3news.com curated by Thetransporteronline24)
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