SML vs GRA: Court grants preservation order in dispute over US$500 million investment
The High Court (Commercial Court 3), Accra, presided by Her Lordship Justice Doris Awuah Dabanka-Bekoe on Friday granted a preservation order in favour of Strategic Mobilization Ghana Limited (SML), directing the preservation of the company’s equipment installed at all 25 fuel depots across the country, pending the determination of the company’s ongoing legal dispute with the Ghana Revenue Authority (GRA). The equipment covered by the preservation application includes Automatic Tank Gauges (ATGs), ultrasonic flow meters, Remote Terminal Units (RTUs), satellite equipment, power shelters, solar systems, cables and other technical infrastructure deployed by SML in the performance of its contractual obligations to the GRA.