SSNIT’s Shady US$ 72M Software Haunts Procurement Authority

THE CONTROVERSIAIL US$ 72 million software bought by the Social Security and National Investment Trust (SSNIT) to digitize its operations in 2012 is haunting the Public Procurement Authority (PPA) as attempts for the actual cost of con-tract to audit the deal has become a subject of serious debate. 

SSNIT earlier uploaded USS 33. 7 million as the cost of the contract given auditing firm KPMG to probe the software contract. However, the figure was quickly changed to US$ 337, 685 when the public raised an alarm about the outrageous figure.

Most vociferous was Kwame Asare Obeng (A-plus), a musician aligned to the governing New Patriotic Party (NPP) who posted on hIS social media: “So can someone explain to me why SSNIT (sic) has to pay over 33 million Ghana cedis to KPMG for auditing when the Ghana Audit Service would have done it for free? So what is the job of the auditor general and his staff if we have to pay all this money to a private audit firm?”

The figure was quickly change to US$337, 685 after this exposé. The PPA explained that SSNIT made a mistake while computing the figure onto their web-site. “A contract with a value 337,685.60 GHS was awarded by SNNIT for a consultancy service for a forensic audit resulting from a restricted tender.     -SSNIT mistakenly published an amount 33.768.560.00 GHS on the PPA website when uploading it on the PPA website. The amount was therefore corrected as soon as it was brought to their attention.” the PPA wrote on its website. Interestingly, the PPA also made a mistake by spelling the acronym of SSNIT wrong in its statement disclaiming the figures. It spelled the state trust as SSNlT instead of SSNIT. 

Some erstwhile officials of SSNIT Including the Director-General Ernest Thompson are currently facing charges of willfully causing financial loss to the state in the procurement of the SSNIT software at $72million Instead of about US 9 million on the open market. 

Document on the deal indicates that the eventual winner of the contract bid. Perfect Business Systems and Silverlake Consortlum produced a tender price of $27,610,792 but that was reviewed to 34, 01131421 after the General Services Manager of SSNIT claimed there was an arithmetic error in the earlier figure.

Source: Whatsup News

Ghana News Online

The primary function of is to gather, process and distribute news about Ghana and Africa to the World. To serve as a News Agency with the mandate to present complete, in-depth objective and impartial information, news, and features rooted in investigative journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *

Hey there!!! click "Send" to begin to chat us

Powered by