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Registrar General begins process to repay DKM Microfinance customers

Customers of DKM Microfinance have converged at the Sunyani Coronation Park in the Brong Ahafo region for the first meeting with the Official Liquidator of the process to repay their monies.

Hundreds of the aggrieved customers who lost millions of cedis in the big financial scandal in the Brong Ahafo Region gathered at the stadium on Tuesday for the first meeting with the Liquidator of DKM’s assets.

About 70,000 customers are expected to participate in three meetings over the course of the week before they receive their monies back. Payments are expected to start from next month – October.

The Acting Registrar General, Jemima Oware, in an interview with Accra based radio station, Citi FM said the meetings will reveal to the creditors the modalities for the repayment of their investments.

“We will be informing them on schedules in relation to when and how much and how many people will be paid so we urge all the creditors to be present,” she said.

The meeting comes in the wake of an abortive demonstration last Saturday in Sunyani to protest what they described as government’s lack of commitment to retrieve their monies from the micro-finance company.

The demonstration was set to coincide with the manifesto launch of the ruling National Democratic Congress (NDC) at the Coronation Park.

The Bank of Ghana suspended DKM’s operations in 2015 after the central bank cited them for failing to comply with the regulations of the financial industry.

Source: Graphic.com.gh

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