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

Wooden structures destroyed by fire at Tema

June 19, 2025

Parliament gets £800,000 World Bank grant for training of MPs

June 19, 2025

Police arrest school proprietor for preventing BECE candidates from writing exam

June 19, 2025
Facebook X (Twitter) Instagram
Trending
  • Wooden structures destroyed by fire at Tema
  • Parliament gets £800,000 World Bank grant for training of MPs
  • Police arrest school proprietor for preventing BECE candidates from writing exam
  • six priorities to fix a flawed system
  • Inflation to average 17.2% in 2025 – Fitch Solutions
  • Declare state of emergency in galamsey areas — Coalition Against Galamsey urges Mahama
  • EC faces Parliament over ballot printing issues, withheld Ablekuma North results
  • Over 60 NPP MPs back flagbearer my bid — Bawumia hails ‘strong show of support’
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
John Mahama News
Thursday, June 19
  • 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

Inflation to average 17.2% in 2025 – Fitch Solutions

The Cedi appreciation and its impact on real estate

CIHRM urged to champion public sector efficiency – Education Minister

Center for International Mediators and Arbitrators holds Investiture in Ghana

Stanchart announces GH₵1.6704 per share dividend to shareholders

Embrace transformative ESG ambition – KPMG urges businesses

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

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

Cedi gains against Euro and Pound but slips slightly against US dollar on June 19

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.