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92% DKM customers paid – Finance Minister reveals

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92 percent of victims of DKM Microfinance Limited, the biggest microfinance scam in the Brong Ahafo region have been paid.

Finance Minister, Ken Ofori Atta revealed that while delivering the 2019 budget statement in Parliament Thursday.

He said the official liquidator received 99,858 claims and the validated claims amounted to GH¢502 million.

“I would like to inform the country that out of the 99,858 claims, 79,708 (80 percent) have been settled and depositors have been paid” Mr. Ofori Atta stated.

The Finance Minister revealed that, government has set aside funds at the Bank of Ghana to pay the remaining 20 percent of depositors upon validation.

“An additional 12,612 claims have been fully provided for, but the customers have not as yet been able to show proof of deposit. This means that 92 percent of DKM claims from depositors have been paid or provided for. Depositors for the remaining 7,568 claims of above” Ken Ofori Atta stated.

However, he added that, GH¢10,000 are yet to reach agreement with the liquidators.

The DKM Diamond Microfinance Limited was alleged to have invested about GH¢77 million of its customers’ deposits in its subsidiary companies – DKM Airlines Company, DKM Fuel Station, DKM Transport, DKM Shea Butter Company and DKM Mining Company, among others.

It had its license revoked in February 2016 with considerable suffering imposed on depositors. The estwhile Mahama administration took steps to bring respite to customers and the Akufo-Addo government has also taken steps to settle almost all claims of DKM customers.

Source: adomonline.com

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