Ghana Airports Company Terminates Revenue Assurance Contract with Evatex Logistics
Assafuah M Assafuah Media| Accra | August 1, 2025
The Managing Director of the Ghana Airports Company Limited (GACL), Yvonne Nana Afriyie Opare, has officially terminated the controversial revenue assurance contract with Evatex Logistics Limited, according to documents obtained by JoyNews. The termination letter was served to Evatex on July 28, 2025, and no payments have been made to the company to date. The contract, which had come under public and
legal scrutiny, was awarded to Evatex to provide revenue assurance services at the cargo section of Kotoka International Airport. Under the terms, Evatex would only receive 15% of any royalties, concealment, or revenue successfully recouped. However, recent evaluations showed that no revenue concealment or financial anomalies had been uncovered by Evatex since the beginning of the contract.
The development comes as the Office of the Special Prosecutor (OSP) deepens its investigation into the circumstances surrounding the contract’s award. Of particular interest is Evatex’s alleged links to Strategic Mobilisation Ghana Ltd (SML), a separate and embattled entity. Notably, Paul Adom-Otchere, former GACL Board Chairman and host of Good Evening Ghana, was arrested to assist with the investigation.
Before the contract was signed, a special audit ordered by the GACL MD in June 2024 found no evidence of undercutting or revenue losses, casting doubt on the need for revenue assurance services. Despite this, the contract was awarded, with a clause that allowed either party to terminate the agreement by giving one month’s notice—regardless of cause.
“The contract was terminated due to the absence of any concealment or revenue irregularities that justified assurance services,”
— GACL Management
As investigations continue, several more individuals are expected to be invited by the Special Prosecutor for questioning, with focus intensifying on SML’s potential indirect involvement, even though the company was not listed in the original agreement.
Assafuah Media will continue monitoring this developing story as transparency, accountability, and governance remain top national concerns.
