The Official Liquidator for DKM microfinance company, the Registrar General’s Department has told Citi Business News, validated creditors who received lower payments for their locked up investment will get the correct amount this week.
Some of the customers were angry with the Registrar General’s Department after receiving as little as GHS10 or GHS 20, after investing between GHS1000 and GHS1,500 with the company.
This caused the creditors to boycott the process amidst threatening to vote the current party out of government.
But Speaking to Citi Business News, the Principal Company Inspector for the Official Liquidator, Jones Nathaniel Ansah, explained that validated creditors will receive their properly approved investment.
“The GHS10 and GHS20 is their money but a lot of them didn’t open the savings account it was opened for them by the DKM office without their knowledge, it is their money, we are doing a manual validation on their investment, which as I’m talking to you now with information from PWC that within this week they must finish the validation so they will get their investment as well,” he said.
In reference to the list of validated customers whose names have not appeared yet, Mr. Ansah said “that is the final one we are doing and with what PWC is doing right now I think everybody should appear on the list.’’
A total of seventy thousand people have been validated and with assurance from the Official Liquidator, everything is in the pipeline to ensure all customers get their monies.
Official Liquidator for DKM begins ‘extra’ payments
Creditors of DKM Microfinance Limited who were not paid in the first week of payments received their investments Saturday.
A total of 4000 creditors were expected to be paid everyday for the first week of payment across the eight selected branches of GCB Bank.
The exercise has however seen a lot of brouhaha as some creditors in the various regions complain of the amount they are been paid.
By: Anita Arthur/citibusinessnews.com/Ghana