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Official liquidator deceived us on payment schedule -Customers of Defunct DKM Microfinance lament

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Customers of Defunct Microfinance DKM, have expressed dissatisfaction at the official liquidator, Jemima Aware for failing to pay depositors lock-up funds scheduled for August 4, 2020.

 On July 17, 2020, a letter from the receiver, addressed to the Governor of the Bank of Ghana (BoG), requested about GHC 1.6 billion to settle depositors of dissolved Microfinance Companies, savings and loans companies, finance houses and DKM Microfinance.

However, Customers of DKM across the country are not happy with the liquidator’s action for publishing names of already paid depositors and leaving out customers they are indebted to.

The customers are therefore demanding the liquidator to publish modalities for the payment of their locked-up funds.

One of the depositors lamented that, “Things are hard, Covid-19 has come to worsen things and this is the time we expected per the president’s pronouncement during the State of the Nation Address (SONA). So, we actually believe that, the liquidator will address our issues but unfortunately, we are not happy with the development and the process we have seen so far”.

“Upon receiving the list yesterday stating that payment will start today, I proceeded to Ghana Commercial Bank Bolga branch, but you could see that nothing is happening here. The names that are posted are full of already paid depositors so, we that our monies are still locked-up cannot find our names in the list, so, we are very worried”. Another depositor lamented.

Source:|A1radioonline.com|101.1MHZ|Stephen Ngamegbulum Chidozie |Ghana

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