GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe
The Ghana Airports Company Limited (GACL) has officially terminated its controversial revenue assurance contract with Evatex Logistics Limited, following months of intense public scrutiny and an ongoing investigation by the Office of the Special Prosecutor (OSP).
The termination was communicated in a letter dated July 28, 2025, and signed by GACL Managing Director, Yvonne Nana Afriyie Opare. The contract, which was executed on December 4, 2024, is set to formally end on August 27, 2025.
According to the MD’s letter, the decision to terminate the agreement was premised on the fact that no evidence of revenue concealment had been discovered or recovered by Evatex during its operations at the Kotoka International Airport’s cargo section. Consequently, no payments have been made by GACL to the logistics firm.
“In accordance with the termination clause, GACL is exercising its right to end the contract without cause, and you are therefore required to demobilise and vacate the premises on or before August 27, 2025,” the letter to Evatex stated.
Per the agreement’s termination clause, either party could exit the contract without cause by giving one month’s prior written notice.
Evatex was contracted to undertake revenue assurance services at the airport’s cargo handling section, with the understanding that it would receive 15% of any concealed revenue it uncovered and assisted GACL to recover. However, a special audit initiated by the GACL MD in June 2024 revealed no undercutting or concealment of revenue in the targeted operations area.
Despite the audit findings, the contract went ahead, with the caveat that payment would only be made based on evidence of revenue recovery—conditions that have not materialised since the commencement of the contract.
The termination also comes at a time when the OSP is investigating the procurement and award processes surrounding the contract. The deal has drawn criticism over its lack of transparency and the alleged affiliation of Evatex with Strategic Mobilisation Ghana Ltd (SML), a firm that has been under public and regulatory scrutiny in recent months.
As part of the OSP’s probe, former GACL Board Chairman, Paul Adom-Otchere, has been arrested to assist with investigations into the circumstances under which the contract was awarded.
The development is expected to further deepen scrutiny of procurement practices within state-owned enterprises and add pressure on the GACL and the Ministry of Transport to strengthen oversight and compliance measures.
