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GACL Cancels Revenue Assurance Deal with Evatex Logistics

Ghana Airports Company Limited (GACL) has terminated a revenue assurance contract with Evatex Logistics Limited, a move that follows months of public scrutiny and an ongoing investigation by the country's Special Prosecutor into the deal’s procurement process.

In a letter dated July 28 and addressed to Evatex, GACL Managing Director Yvonne Nana Afriyie Opare confirmed the termination of the agreement, which had been in effect since December 4, 2024. The contract will officially end on August 27, 2025.

The decision, GACL said, was guided by a key clause in the agreement allowing either party to terminate without cause, provided one month’s written notice is given. “Hence, effective 27th of August 2025, the agreement... shall cease to have effect,” the letter read, instructing Evatex to vacate its operations at Kotoka International Airport’s cargo section by that date.

The termination marks a significant development in a controversy that has drawn the attention of the Office of the Special Prosecutor, which is examining the circumstances under which the contract was awarded. The probe has already led to the arrest of Paul Adom-Otchere, former board chairman of GACL.

Evatex, which is reportedly affiliated with Strategic Mobilisation Ghana Ltd (SML), had been contracted to carry out revenue assurance services specifically within the cargo operations at Kotoka International Airport. Under the terms of the agreement, the firm would receive 15% of any previously concealed revenue it uncovered and helped the airport company recover.

However, a special audit commissioned by GACL in June 2024 found no evidence of concealed or underreported revenue in the cargo section. Consequently, no payments were made to Evatex throughout the term of the agreement.

Despite the audit's findings, GACL proceeded with the contract on a contingency basis—allowing compensation only if recoverable revenue could be proven. With no such evidence surfacing, the deal ultimately yielded no financial benefit for either party.

The cancellation adds to growing scrutiny over government procurement and transparency issues in Ghana’s public sector. The Special Prosecutor’s office continues to investigate the contract’s origins, including whether due diligence was followed in awarding the deal to Evatex.

Neither Evatex nor representatives of SML immediately responded to requests for comment.

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