Senyo Hosi (L) said Dr Bawumia had nothing to do with the SML deal
The former CEO of the Chamber of Bulk Oil Distributors has disclosed that former Finance Minister Ken Ofori-Atta disregarded an initial directive to analyse contracts awarded to Strategic Mobilisation Ghana Limited (SML).
According to him, when the contract was first awarded, then Vice President Dr Mahamudu Bawumia, who chaired the Economic Management Team (EMT), instructed that Hosi’s team should analyse the contract details to ensure all loopholes were addressed.
However, Ofori-Atta, who was reportedly ill and absent from the meeting, later cancelled the Vice President’s directive, leaving former Commissioner-General of the Ghana Revenue Authority (GRA), Rev Dr Ammishaddai Owusu-Amoah, frustrated.
“DMB had directed that we be engaged, and Ammishaddai should contract us to do the work. We were even going to deploy technology to automate the analysis so we wouldn’t need anyone manually reviewing the data. Then suddenly, Evans Adusei and others appeared. It started with Ken Ofori-Atta,” he revealed.
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Hosi continued, “He was sick at the time, so he wasn’t at the EMT meeting. DMB had directed that this be done to resolve the issue immediately. Ken Ofori-Atta sent a message to my partner asking what Senyo and I wanted to do. Then, out of nowhere, there was a new directive. DMB had instructed something, and Ken Ofori-Atta cancelled it without even consulting the EMT. Now Ammishaddai is stranded,” he told Channel One TV on November 1, 2025.
Senyo Hosi further revealed that the work was poorly executed despite the large sums paid, resulting in significant losses for the nation.
“Now Ammishaddai has to do the analysis. That’s when all the data came in. You remember your guy in IT, he was commissioned to analyse the situation. But no comparative analysis was done. The data wasn’t used for anything. And you didn’t need any system for it. They never used the system for the analysis. They never interpreted the existing data. Yet, the government was paying them GH¢24 million,” he explained.
This revelation comes after President John Dramani Mahama, on Friday, October 31, 2025, directed Finance Minister Dr Cassiel Ato Forson to terminate all existing contracts between the Government of Ghana and SML.
The directive followed investigations by the Office of the Special Prosecutor (OSP), which concluded that there was no justifiable basis for the government’s engagement with the firm.
Watch the interview below:
@ghanasoundbites Senyo Hosi name names in the SML deal. #sml #KenOforiAtta #Eoco #OSP #fyppppppppppppppppppppppp ♬ original sound – Ghana Soundbites
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