The Ghana Gold Board (GoldBod) has stated that there is no binding agreement between the organization and the Strategic Mobilisation Ghana Limited (SML).Recent reports suggest that the SML had commenced new operations in Ghana’s upstream petroleum and solid minerals sectors despite its license being revoked.However, in a Facebook post on Thursday, May 15, GoldBod urged the public to disregard such claims as they are "false".“Fake news alert: The Ghana Gold Board (GoldBod) has no dealings, contract, partnership or relationship whatsoever with SML.

“Any such claim is completely false and should be treated with utmost contempt,” he wrote.

The GoldBod's clarification comes a day after the country's revenue arm, Ghana Revenue Authority (GRA), noted that it has not granted permission to expand its revenue to cover the country's upstream petroleum and solid minerals sectors.The GRA emphasized that the SML is still under supervision, GRA in 2024, discontinued two contract transactions (the Audit and External Verification Service Contract (AEVS) with SML, as well as halting portions of the contract agreement. The GRA also suspended the SML's Upstream Petroleum and Minerals Revenue Audit until further notice. The suspension comes after the then-President, Akufo-Addo received an audit report from KPMG against SML's deals.