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Gov’t lied about DKM 80% payment – Customers fume

November 27, 2018

The license of DKM Diamond Microfinance was revoked in 2016

The license of DKM Diamond Microfinance was revoked in 2016

Some aggrieved customers of defunct savings and loans company, DKM, have dismissed claims by the government that 80% of those who lost their investments to the company have been paid.

The Finance Minister, Ken Ofori-Atta has said in Parliament during the 2019 budget presentation that government is still verifying the deposits of the remaining 20% to have all the customers paid their lost investments.

Read:80% DKM customers settled, Ofori-Atta announces

But the Brong Ahafo DKM Victims Investment Association, a group formed by persons who lost their investments in the ponzi scheme, says what the Finance Minister said is not true.

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Chairman of the association, Nana Nyarko, in an exclusive interview with TV3’s Brong Ahafo regional correspondent, Larry Paa Kwesi Moses said most of them are yet to be paid after many failed attempts.

He said they have submitted several petitions to the appropriate state institutions concerning their plight but has yielded no results so what the finance minister said cannot be true.

He added they are still working around the clock to get the monies.

“We are almost done with our petition to the president. The 80% payment the finance minister said has been made is not factual”, he said in twi.

60 commit suicide

Mr. Nyarko claimed as many as 60 of their members have committed suicide after failed attempts to retrieve their moneys.

The chairman therefore called on the President, Nana Addo Dankwa Akufo-Addo to encourage the Finance Minister to check his records well or engage depositors to assess the situation.

Mr. Nyarko also noted depositors of DKM will have no option than to act to register their displeasure to the NPP government just like they did to the National Democratic Congress (NDC) when they were in power.

Background

The DKM financial scandal broke out in 2016 resulting in the liquidation of the company.

Physical assets belonging to the company including two houses and vehicles were sold as a way of mobilizing funds to pay clients who lodged their money in the company after they failed to pay clients huge profits promised them.

Both the then ruling NDC and the current NPP governments have made efforts to pay depositors their investments.

It then came as a surprise to most of the victims to hear the Finance Minister, Ken Ofori Atta, mention in the 2019 budget that government had paid eighty per cent of DKM customers.

Watch video here:

By 3news.com|Ghana

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