Demands from the National Democratic Congress (NDC) to prosecute those involved in the SML-GRA contract have been characterized by the majority in Parliament as being without merit.

Majority Caucus members argued that prosecution in the SML-GRA deal is unwarranted because there is not enough evidence to link any government official to the state’s financial loss.

Majority Leader Alexander Afenyo-Markin emphasized to reporters that President Akufo-Addo’s move to start a comprehensive review of the contract is in the best interests of the general public.

“Now we are aware that our friends in the NDC are calling for certain prosecutions. I think that they have not paid attention to the whole issue and they only want to do politics as usual. Their call is unfounded for the simple reason that there isn’t any established proof of any officer of state causing financial loss to the state.

“Indeed what they think are payments to SML are not payments borne out of the government’s revenue. If you peruse the agreement, SML is paid out of what it generates and they would have to pay attention to the details. They are paid 0.05% per litre of revenue that they generate as a result of the system that they put in place to monitor activities in the petroleum sector.

“And it is instructive to also note that his company opened its doors to the Mines and Energy Committee to inspect and to see the nature of their operations. What I want to urge our colleagues in the opposition is that they should not kill Ghanaian businesses.

“Often under the guise of due diligence and ensuring that there is transparency, we often get out of control and destroy Ghanaian companies, whereas foreign ones who operate in certain sectors get a kind of protection that makes them develop their business but often Ghanaian businesses suffer,” he stated.