DKM Customers of DKM to be paid today

Earlier the liquidator stated that the payment will begin on December 14 but the statement explained that this could not happen due to unavailable logistics at the time.

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The official liquidator for the DKM Microfinance, the Registrar General’s Department has indicated that it will pay validated customers of the microfinance today.

This was contained in a press statement issued by the official liquidator, the Registrar General’s Department.

READ ALSO: 'I will retrieve your money from DKM' - Akufo-Addo

Earlier the liquidator stated that the payment will begin on December 14 but the statement explained that this could not happen due to unavailable logistics at the time.

“The Official Liquadator wishes to inform depositors that as a result of logistical challenges, the payments which were scheduled to commence on Wednesday,14 December 2016, have been rescheduled to Monday, 19 December 2016.”

READ ALSO: Amended list of DKM customers to be out this week

The payments are expected to take place at eight designated branches of GCB Bank in Brong Ahafo, Upper East and Upper West regions.

Below is the press release

NOTICE TO CREDITORS OF DKM DIAMOND MICROFINANCE LIMITED (‘’DKM’’)

 (IN OFFICIAL LIQUIDATION)

Pursuant to the revocation of the operating license of DKM on 29th February 2016 by the Bank of Ghana (‘’BOG’’) following the inability of the company to fulfil its obligations towards its depositors and creditors, the Central Bank in accordance with section 68(1) of the Banking Act, 2004 (Act 673) appointed the Registrar General as the Official Liquidator (‘’OL’’) for the purposes of winding up the affairs of ‘’DKM’’.

The ‘’OL’’ in accordance with section 7 of the Bodies Corporate (Official Liquidations) Act, 1963 (Act 180) placed ‘’DKM’’ in Official Liquidation on 29th March 2016 and is conducting the Official Liquidation of the company in accordance with the provisions of Act 180.

1.Rescheduling of second round of dividend payments

We refer to the OL’s press release dated 29th November 2016 and the subsequent posting of lists of depositors and the respective dates on which they were to be paid their dividends at the eight (8) GCB Banks designated as Recipient banks in Brong Ahafo, Upper east and Upper west regions.

The OL wishes to inform depositors that as a result of logistical challenges, the payments which were scheduled to commence on Wednesday,14 December 2016, have been rescheduled to Monday, 19 December 2016.

Depositors are to take note of their new respective payment dates on the lists to be repasted on Wednesday, 14 December 2016, at the designated locations where the previous lists were pasted. Depositors are to note that lists will also be pasted at the Registrar General Department’s offices in Accra, Kumasi and Tamale, to enable depositors to ascertain their due date for payment.

The lists will also be available on the Website of the Registrar General’s Department (www.rgd.gov.gh)

The OL regrets the inconvenience the rescheduling of the payments may cause depositors.

Payment to depositors who made deposits through Agencies of DKM Branches

The OL wishes to bring to the notice of DKM depositors who made deposits/investments through Agents of DKM in various towns/regions outside DKM’s branch operational jurisdictions that, the DKM agents deposited their funds at specific branches of DKM in Brong Ahafo, Upper West and Upper East Regions.

Depositors who made deposits through agents of DKM at the locations indicated in the table below, would be paid their dividends at the following GCB recipient bank branches:

DKM Agency

Corresponding DKM Branch

GCB Recipient Bank Branch

Accra

Sunyani

GCB Sunyani

Kade

Sunyani

GCB Sunyani

Kintampo

Techiman

GCB Techiman

Kumasi

Sunyani

GCB Sunyani

Lawra

Wa

GCB Wa

Nandom

Wa

GCB Wa

Navorongo

Bolgatanga

GCB Bolgatanga

Odumasi

Sunyani

GCB Sunyani

Offinso

Sunyani

GCB Sunyani

Tamale

Techiman

GCB Bolgatanga

Tumu

Wa

GCB Wa

Wapaani

Wa

GCB Wa

Please note that the OL will negotiate final payments with depositors whose claims are not fully satisfied under this second round of payments.

The OL will communicate further updates on the payment process in subsequent press releases as necessary.

OFFICIAL LIQUIDATOR

DKM DIAMOND MICROFINANCE LTD

(IN OFFICIAL LIQUIDATION)

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