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The Parliamentary Committee on Mines and Energy has paid an industrial tour to the Strategic Mobilizations Limited (SML) to familiarize itself and appreciate the work it does.
The Committee of Parliament toured the operation and data center in Tema in the work Committee was doing to report to Parliament.
The Committee visited the data operation centre where the company has a network of petroleum depots across the country and meter reading Centre.
Addressing the media after the meeting and tour, The Chairman of the Mines and Energy Committee Chairman, Samuel Atta Akyea says the Committee appreciates the work of the SML and learning it’s a world class audit firm and with records so far, but the Committee will go into details since the presidency will be furnished with the report.
He was worried that some people will crucify a Ghanaian owed company which was helping mobilize revenue but throwing issues onto the public space without appreciating exactly what the company does.
The chairman commended them for the good work done and stated that the House will invite the company to Parliament for briefing.
He was amazed the world class installation the Committee has come to see at first hand.
Currently, the President is awaiting the investigative audit by KPMG with a four-point referee with compliance, need for the contract, performance and the procurement process of selection of SML for the work they are doing.
Dr Yaa Serwa Sarpong, Director of Support Services of SML says the company’s performance in the petroleum downstream has been enormous, stressing all stakeholders in the industry appreciate its work.
She added that the taxation petroleum audit and revenue assurance has seen double increment.
“Before SML records shows that government revenue assurance with taxable Petroleum products was around 250 million liters which is now an average of 45-48 million litters and that translates into over GHS12 billion” she insists.
Dr, Yaa Serwaa Sarpong PHD, revealed that the check meter SML has put in place is a strict control that is able to ensure that NO drop of fuel leaves the depot without it been captured for taxation purposes and that is what SML are doing for Ghana Revenue Authority (GRA) to be able to achieved full potential of the tax revenue in the downstream petroleum.
Source: Ghanatodayonline.com/Nana Kwaku Boffah
