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Press Conference Lordina Mahama not registered as part of DKM- BOG

Responding to a question from some of the participants on whether the first lady is a shareholder of the embattled microfinance company, Mr. Amanfo said there's no document with the Bank of Ghana to that effect.

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Head of Banking Supervision at the Bank of Ghana in charge of Non- Banking Institutions, Raymond Amanfo says  there is no registration document with the Bank of Ghana relating the First Lady, Lordina Mahama to the  embattled Microfinance company DKM Microfinance.

Gathering at the Forum

Responding to a question from some of the participants on whether the first lady is a shareholder of the embattled microfinance company, Mr. Amanafo categorically denied the assertions saying there's no registration document with the Bank of Ghana suggesting any links between the first lady and DKM Microfinance company.

" Please when making comments about this issue, let's stick to the facts. There is no document in the Bank of Ghana supporting claims that the first lady, Lordina Mahama is part of the management of DKM Microfinance. There is no registration document  with the first lady involved." he stressed.

On when depositors who have money with DKM Microfinance will not get their investments until the all asserts of the  companies and the monies refunded according to a list provided by the liquidated.

Gathering at the Forum

The Bank of Ghana froze the accounts of DKM Microfinance for breaching the Banking Act by collecting more deposits than their asserts can support.

" We are in the process of liquidating the assets of the company. After this is done, we will do a list, through the help of a liquidator  of all the  customers who have to be paid. We will pay through the liquidated funds."

President Mahama said checks revealed that DKM Microfinance company had collected investments to the tune of hundreds of millions of Ghana Cedis whilst the company had 10 million Ghana Cedis. The president added in his meeting with the press on Tuesday,  that management of the company were planning to withdraw the rest of the money and bolt, but for the timely intervention of the Bank of Ghana, they would have succeeded.

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