SML condemns OSP raid, warns of national revenue risks

-

Strategic Mobilisation Ghana Limited (SML) has strongly condemned what it describes as an “unwarranted and unjustified” raid by the Office of the Special Prosecutor (OSP), warning that the action threatens the continuity of a critical national revenue assurance system.

In a statement issued Wednesday, SML said officers from the OSP, accompanied by National Security operatives, stormed its offices in Osu and Tema without prior notice or the presentation of a warrant.

According to the company, the operation led to the seizure of key servers, proprietary documents, gold analyzers, and other technical equipment—many of which were still under development and essential to SML’s work with the Ghana Revenue Authority (GRA).

The company also alleged that four employees were temporarily detained and two others assaulted during the exercise.

“We have fully cooperated with the OSP since March, submitting all requested documents and remaining open to further engagement. This raid, conducted without formal communication, undermines that spirit of cooperation,” the statement read.

Critical Disruptions to Revenue Monitoring

SML warned of immediate and far-reaching consequences from the raid, stating that its systems—which support real-time petroleum monitoring, fuel volume reconciliation, and 24/7 surveillance at 26 depots—have gone offline.

The pause in operations, the company said, risks a resurgence of tax leakages, fuel diversion, and data manipulation.

It estimates that the disruption could cost the state over GH¢348 million in monthly revenue losses.

SML also raised concerns over the security of its intellectual property, which it said was developed with private capital and is now vulnerable to misuse.

The company highlighted that from May 2020 to December 2024, its systems helped recover more than GH¢20 billion in additional tax revenue and achieved a 92% reduction in discrepancies between GRA and National Petroleum Authority (NPA) figures.

Call for Institutional Dialogue

In light of the developments, SML has appealed to the GRA, Ministry of Finance, and other relevant institutions to urgently intervene.

The company is demanding the reinstatement of its systems, protection of sensitive data, and a renewed commitment to procedural fairness.

“The forceful dismantling of the nation’s only independent, real-time petroleum monitoring system risks eroding years of progress,” the company warned, describing the raid as a setback to Ghana’s digital governance efforts.

Despite the disruption, SML reaffirmed its commitment to supporting Ghana’s development through innovation, transparency, and public-private collaboration.

“This is not a moment for division, but for dialogue,” the statement concluded.