DKM Customers Dissatisfied With Repayment Plans
A cross-section of the depositors at the Golden Jubilee Park in Bolgatanga Acting Registrar General, Jemima Oware, says a list of verified claimants will be out next week Security personnel were fully armed to avert attacks at the forum Government’s move to settle the longstanding grievances of clients of the DKM Microfinance Company has taken off on a disappointing note with a number of the depositors in the Upper East region dissatisfied with the refund arrangements. The Bank of Ghana (BoG) shut down the company on Monday May 11, 2015, after it reportedly failed to comply with the terms and conditions required in its licence and also for purportedly possessing assets deemed too insufficient to meet its liabilities to investors. Several millions of Ghana cedis got locked up at the firm as thousands of shareholders including chiefs and clerics, hit by the sudden disaster, held their heads in raw horror. Devastated creditors across the country openly...