In a statement issued on Friday, October 31, 2025, SML maintained that it had fully cooperated with all lawful investigations and urged that public discussions be based on verified facts rather than speculation.

“We will present all relevant documents before the appropriate authorities. We remain proud of the work done, the controls that governed it, and the measurable value created for Ghana,” said the company’s Lead Counsel.

“The rule of law is our compass. Fairness, transparency, and evidence must guide the national conversation,” added the Chief Executive Officer.

According to SML, it is a wholly Ghanaian-owned company with no political or public office affiliations. It explained that its engagement with the GRA was under a risk-and-reward service framework aimed at improving national revenue mobilisation through specific, measurable outputs.

The company said it provided transaction audit, external price verification, and downstream petroleum measurement audit services — all under GRA supervision — and that payments were made only after results were verified.

“All payments were tied to verified deliverables and measurable outputs. Oversight mechanisms included technical validation, data and report reconciliation, and documentary confirmation before any payment was made,” the statement said.

SML questioned the OSP’s assertion that GH¢125 million was to be recovered by the state, insisting that official records show otherwise. “In fact, the State owes SML,” the statement noted, adding that the company’s systems had generated over GH¢20 billion in verified revenue for the state and boosted taxable petroleum volumes by 92 percent.

The company also dismissed claims of duplication of government functions, explaining that its technology enhanced transparency in petroleum and customs revenue management rather than replacing existing state agencies.

SML further denied allegations linking it to the defunct West Blue Consulting contract, clarifying that “it was Ghana Link’s ICUMS, not SML, that succeeded the West Blue system.”

The company also refuted the OSP’s suggestion of subterfuge regarding its name change, stating that the change from Strategic Mobilization Enhancement Limited (SMEL) to Strategic Mobilisation Limited (SML) was a lawful corporate rebranding exercise.

SML reaffirmed its commitment to supporting Ghana’s revenue mobilisation efforts through “technology, transparency, and professional integrity,” emphasizing that it operates under strict oversight from the GRA and other authorities.

“SML stands as a Ghanaian innovation story — a private enterprise that assumed operational risk under a performance-based framework and is compensated only after verified results,” the statement concluded.