Duped customers of DKM to receive their monies

Duped customers of DKM to receive their monies

The over 70,000 customers that were swindled off by DKM Microfinance Limited are expected to start receiving their monies from October.

Customers of DKM had their cash locked up following an action by the Bank of Ghana to stop the company from operating, over concerns that it was violating the microfinance regulations.

Duped customers of DKM to receive their monies

Aggrieved customers of DKM hold press conference

But according to a latest report by PwC, the firm tasked by the central bank to value assets of DKM, it is done with it’s work and thus the assets will be liquidated to pay back customers.

DKM is one of the several financial institutions whose operations were suspended by the Bank of Ghana for doing contrary to the rules of the sector.

Hundreds of the victims who fell victim of the nebulous activities of DKM have over the months hit the streets over their locked up cash

The BoG shut down DKM in May 2015.

Share if you have any form of experience from the DKM scandal on Facebook, Twitter and info@yen.com.gh.

READ ALSO: 6 of Ghana's most memorable former finance ministers?

READ ALSO: 10 top anti-corruption fighters in Ghana

Related news