President Nana Addo Dankwa Akuffo-Addo has said his government has made arrangements to pay all depositors DKM by September 30.
President Akufo-Addo announced this interview with classic fm, that the government has made available money to pay affected depositors of DKM “a 100% of their deposits”.
The President also said that depositors affected by the demise of DKM, a microfinance company whose failure was registered under the previous administration, will be paid in full after the validation of their claims.
Customers of DKM had millions of cash locked-up after the Bank of Ghana stopped the company from operating over concerns of violating the microfinance regulations in 2015.
DKM allegedly invested the millions of customers’ deposits into its subsidiaries; DK Airlines, DKM Transport, DKM Mining Company, DKM Shea Butter Company, DKM Fuel Station and a host of others.
Some customers who lost their monies in the DKM saga, committed suicide while some invoked curses on the central Bank after the liquidation of the company