Close Menu
John Mahama News
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
What's Hot

China injects over $22.85bn into Africa, sets $134bn trade record

June 20, 2025

Onion vendor sues Telecel Ghana for GH¢2million over unauthorized Ad use

June 20, 2025

MPs ignore presidential rivals’ provocative attacks; pledge loyalty to Bawumia

June 20, 2025
Facebook X (Twitter) Instagram
Trending
  • China injects over $22.85bn into Africa, sets $134bn trade record
  • Onion vendor sues Telecel Ghana for GH¢2million over unauthorized Ad use
  • MPs ignore presidential rivals’ provocative attacks; pledge loyalty to Bawumia
  • Musk’s xAI on track to raise $5bn in fresh debt, following modest demand
  • Starchy food. How much do we need?
  • Four senior officials face corruption charges over stolen rice containers at Tema Port
  • ‘We will campaign on the legacy of President Akufo-Addo’ – Former NPP MP
  • Ghanaians should forgive NPP for the things we didn’t do right — Justin Kodua
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
John Mahama News
Friday, June 20
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
John Mahama News
Home » Saboteurs see SML as a threat – Yaa Serwaa Sarpong

Saboteurs see SML as a threat – Yaa Serwaa Sarpong

johnmahamaBy johnmahamaMay 24, 2025 Infrastructure & Development No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Dr. Yaa Serwaa Sarpong, Director of Support Services at Strategic Mobilisation Ghana Limited (SML), making her point while on The Upfront

Director of Support Services at Strategic Mobilisation Ghana Limited (SML), Dr. Yaa Serwaa Sarpong has slammed critics of the company’s operations, saying that SML’s innovations have rattled individuals and entities who previously likely benefited from loopholes in Ghana’s petroleum sector.

Speaking on The Upfront on Joy News, Dr. Sarpong described some of the backlash against SML as orchestrated, suggesting that those uncomfortable with the company’s role in sealing revenue leakages view it as a threat.

She said when you eliminate manual processes and plug leakages, you frustrate those who have long exploited the system and that some of SML’s most vocal critics simply see the company as a threat.

SML, a Ghanaian-owned company engaged by the Ghana Revenue Authority (GRA), specialises in revenue assurance, real-time monitoring, and audit services in the petroleum downstream sector.

According to Dr. Sarpong, the company’s technological interventions have drastically reduced opportunities for underreporting and tax evasion.

She noted that prior to SML’s involvement, GRA relied on data reported by oil marketing companies themselves — a system that lacked independence and transparency.

“Now, we use check meters, satellite transmissions, and real-time dashboards. Every litre lifted is accounted for, and all the data is verifiable independently of the traders. Naturally, this doesn’t sit well with those who preferred the opacity,” Dr. Sarpong explained.

If what SML does is not revenue assurance, then what is?

In the face of mounting scrutiny, Dr. Yaa Sarpong robustly defended the company’s role in Ghana’s petroleum revenue monitoring, insisting that SML’s systems epitomise revenue assurance.

She challenged critics who question the company’s value, citing the technological infrastructure and financial model SML has brought to the sector.

“If what we’re doing isn’t revenue assurance, then what is?” she asked. “We’ve eliminated manual loopholes, digitised all records, and provided GRA with real-time visibility over petroleum transactions across the country.”

She said SML fully funds its system development, installations, and operations, receiving compensation only from a portion of the revenue its interventions help to recover — a model she said is both efficient and transparent.

“Our contract allows the government to keep 95% of the additional revenue collected. The remaining 5% supports our operations. Compare this to traditional arrangements, and it becomes clear that this is one of the most value-driven contracts in the sector,” she explained.

Dr. Yaa Sarpong maintained that before SML’s engagement, GRA relied on paper-based documentation stored in sacks — making audit trails unreliable and prosecutions difficult.

“Today, with automated systems, digitised records, and cloud storage, all that has changed. It’s a complete transformation,” she said.

Read also:

Only a cartel benefiting from Ghana’s revenue hemorrhage will resist SML solution – Rev. Charles Owusu

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



Source link

johnmahama
  • Website

Keep Reading

China injects over $22.85bn into Africa, sets $134bn trade record

Fuel prices drop again due to competition: Petrol selling at GH₵10.75

KNUST’s Prof. Hadrat Yusif calls for central bank independence, cites monetary policy failures

Africa World Airlines expands regional operations to Ouagadougou from July 1

Fitch Solutions revises Ghana’s growth rate upwards to 4.9% in 2025

Inflation to average 17.2% in 2025 – Fitch Solutions

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

GCAG threatens protest, urges gov’t to revoke L.I. 2462

June 19, 2025

Probe Aowin MP and NDC executives over illegal mining — Galamsey Coalition to gov’t

June 19, 2025

Indonesia’s Honorary Consul engages Ghana’s Petroleum Commission to strengthen bilateral energy collaboration

June 19, 2025

MCE sounds alarm on devastating impacts of illegal mining on Birim River

June 19, 2025
Latest Posts

Navigating the Strategic Layers of AI

June 19, 2025

Ghana confirms participation in the 2025 Japan Expo in Osaka, showcasing ICT innovation and global partnerships

June 17, 2025

Ghana, Helios Towers commit to strengthening telecom sector growth

June 16, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to JohnMahama.news, your trusted source for the latest news, insights, and updates about the President of Ghana, government policies, and the nation at large. Our mission is to provide accurate, timely, and comprehensive coverage of all things related to the leadership of Ghana, as well as key national issues that impact citizens and communities across the country.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 johnmahama. Designed by johnmahama.

Type above and press Enter to search. Press Esc to cancel.