Angry DKM customers in Wa 'storm the office to meet liquidator

Angry DKM customers in Wa 'storm the office to meet liquidator

Irate customers of the shutdown microfinance company, DKM are reported have thronged the offices of the public works department in Wa, in the Upper West Region.

Angry DKM customers in Wa 'storm the office to meet liquidator

Angry customers of the bank on motor bikes in WA

Irate customers of the shutdown microfinance company, DKM are reported have thronged the offices of the public works department in Wa, in the Upper West Region.

Angry DKM customers in Wa 'storm the office to meet liquidator

Customers waiting to meet liquidator

The reason is that the aggrieved customers wanted to meet the new liquidator, Jemima Oware who had been appointed by the Bank of Ghana as a liquidator for the troubled financial company.

Starr News reports that on Thursday April 21, the angry customers formed long queues to show their proof of engagement with the financial company before its properties would be sold.

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The liquidation of assets of the company became imperative after failure by management to refund deposits and accrued interests of aggrieved customers. The Liquidator subsequently served notice to creditors to lodge their claims with her with better proof.

DKM had its operations suspended by the central bank after it violated the Banking Act by undertaking operations deemed detrimental to the interest of depositors. The BOG had earlier directed the companies to show proof of secured funds, bank balances and a plan for payment of outstanding depositors’ funds or risk liquidation of assets but the companies have not been able to meet the BOG’s terms.

 

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