DKM depositors to receive money in 2nd week of Oct

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    The repayment process for depositors of defunct DKM Diamond Microfinance Company has been deferred to the second week of October.

    This is due to logistical challenges the auditors, Price Water House Coopers, have encountered in the processing of claims for payment.

    And following that development the Registrar General’s Department was unable to commence the repayment process in the first week of October as it initially announced at the creditors meetings in Bolga, Wa and Sunyani.

    Speaking to the media, acting Registrar General, Jemima Oware, said moves were however, being advanced to ensure payments start in the second week of this month.

    “We’re weeding out all those who are possibly not creditors and rather looking at those genuine creditors and luckily we’ve been able to access the database. We’re still in the process of realising all the assets but there are a quite a number of court cases.”

    “Out of court settlements would thus make it easier for us to pull the assets together and sell because as we speak now some of the buses are even deteriorating and the earlier we sorted that out and sold them for the creditors the better,” she noted.

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