Nana Addo must adhere to his promise- DKM customers

Aggrieved customers of DKM microfinance company have urged President elect of Ghana, Nana Akufo Addo to live up to his promise of getting their locked up investments refunded. According to them they voted massively for Nana Akufo Addo based on his campaign promise to retrieve their monies for them. They further stated that the current ...

Aggrieved customers of DKM microfinance company have urged President elect of Ghana, Nana Akufo Addo to live up to his promise of getting their locked up investments refunded.

According to them they voted massively for Nana Akufo Addo based on his campaign promise to retrieve their monies for them.

They further stated that the current government has not been up to the task in addressing the matter because many of them have been paid far below what they invested in the company.

In an interview with Citi Business News Spokesperson for the DKM customers in Tamale, Mohammed Ibn Issaka said they believe the matter will be addressed by Nana Akufo Addo in accordance with his promise to retrieve their monies.

‘’ Currently we wish Nana Addo well as he takes office in January 7^th we wish him well and we just want to remind him of the promises he gave us. Infact Nana Addo received massive endorsement from most of the DKM customers in the country. He was voted for because of the promise he gave us. We only have the hope that he will be able to fulfill his promises and not fail us.’’

The customers are also demanding an investigation into the root cause of what led to the closure of DKM and other microfinance companies.

‘’He shouldn’t look into only the DKM issue. He should also look into others like God is love, A little Drop and Care for humanity. There are several microfinance companies in Brong Ahafo Region that the Bank of Ghana closed down. God is love in particular won many cases against the Bank of Ghana and yet they refused to release the money to them and now the customers of God are love and DKM are the ones paying for it”. Mohammed stressed.

Woes of DKM customers

Thousands of customers of DKM Microfinance Company lost their investments running into millions of cedis after the central bank in 2015 suspended the operations of DKM for violating the banking Act.

Though the central bank subsequently lifted the ban on the company’s operations, DKM was unable to pay its customers their locked up cash.

The Bank of Ghana confiscated the assets of the company and appointed the Registrar General’s Department to commence liquidation process to refund customers of the company.

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By: Anita Arthur/citibusinessnews.com/Ghana

 

 

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