DKM yet to fulfill payment of customers’ money

The management of DKM microfinance has once again failed to disclose when it will commence payment to customers whose monies have been locked up in the company.

[contextly_sidebar id=”7sOBoT2SXOPOBdLGParXQXmij6NpYrq7″]The latest development follows the announcement of an injection of some investments into the operations of the company.

The Bank of Ghana lifted the moratorium on the operations of the bank to facilitate the payment of the locked up investments.

However, it is yet to lift the embargo to allow the microfinance company accept deposits.

But a statement issued by DKM Microfinance also indicated that the said investment is expected to enable the company meet all its obligations to the affected customers.

Speaking to Citi Business News on the matter, the Head of Communications of DKM, Ransford Agyeman could not disclose when payment would be effected but assured customers that the bank will work to address all their concerns.

“We are expecting some funds… immediately they are in, there are so many challenges that we clearly experienced other than that these challenges having to do with the locked up monies will have never ever come. Our clients will definitely be satisfied with respect to the funds that are coming in, we want to make a passionate appeal to the clients they have to be a little patient,” he said.

Mr. Agyeman added, “Before we can come out with the actual plan it will depend on the availability of the funds, immediately the funds come in as a certainty, we will communicate officially to the clients nationwide.”

Meanwhile the management of the Sunyani branch of the bank is expected to submit documents on the financial statement of the bank and the scheme of payment to the Sunyani district court by November 13, 2015.

Reports reaching Citi Business News also state that customers of Bolgatanga branch of the company have expressed dissatisfaction at the manner in which their issues are being handled by management of DKM.

By:  Pius Amihere Eduku/citifmonline.com/Ghana