The Finance Minister has revealed that as part of steps to clean up the financial sector, Government has taken steps to settle almost all claims of DKM customers.
“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. The 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 GH¢10,000 are yet to reach agreement with the liquidators.
DKM Diamond Microfinance Limited had its license revoked in February 2016 with considerable suffering imposed on depositors, without any meaningful response from the previous government. That has significantly changed. The official liquidator received 99,858 claims and the validated claims amounted to GH¢502 million.
Presenting the 2019 Budget statement on the floor of Parliament, Mr. Ken Ofori-Atta assured that the Government will not shield anyone found complicit.
Ghana|Atinkaonline.com
