Audio By Carbonatix
President John Dramani Mahama has directed the Bank of Ghana (BOG) to speed up processes and ensure that cash deposits of customers of the DKM Diamond Microfinance, a savings company in the Sunyani Municipality are paid them.
Barely two months ago, the Financial Intelligence Center, Ghana, a national anti-money laundering organization under the BOG, froze the accounts of the company, which has branches in Wenchi, Techiman, Nkoranza, Berekum, Wa, and Bolgatanga, for some operational lapses.
President Mahama gave the directive when he addressed a durbar of the chiefs and people of Ntotroso in the Asutifi North District, as part of his two-day working visit to the Brong-Ahafo Region.
He was responding to a plea by Barima Twireku Ampem, the Omanhene of the Ntotroso Traditional Area, to intervene for the customers of the company.
President Mahama advised the DKM customers to exercise patience, as the BOG and management of the financial company worked out modalities to resolve the issue.
He charged the BOG to be more proactive, and step up measures to ensure that situations where financial institutions duped unsuspecting customers, were brought under control.
Barima Ampem noted that the closure of the company had affected economic activities, because cash deposits of hundreds of people in the area and the region as a whole were locked up.
Latest Stories
-
Kwanpa Band thrills patrons as Joy FM Family Party in the Park
9 minutes -
Lawyer arraigned over alleged GH¢800k excavator fraud
22 minutes -
U.S. Commerce flags Ghana’s new mining policy, port delays affecting American firms
30 minutes -
This Saturday on Newsfile: Constitution review report and AG’s ORAL drive
37 minutes -
Joy FM Party in the Park kicks off as patrons flock in amid growing excitement
1 hour -
Ghana, 2 others to see strong absolute growth in electricity consumption – Fitch Solutions
1 hour -
Return to bond market on gradual basis – IMF to government
2 hours -
Activist Felicity Nelson brings Christmas comfort to Accra Police cells
2 hours -
Obuasi Bitters Luv FM Nite with the Stars thrills Kumasi on Christmas Day
2 hours -
4 banks including one state bank remain severely undercapitalised – IMF
2 hours -
Police arrest 28-year-old with 98 parcels of suspected cannabis in Tamale
2 hours -
Does Goldbod owe BoG US$214m, or has BoG lost US$214m? A policy and financial risk analysis
5 hours -
US Congressman says airstrikes first step to ending killings in Nigeria
5 hours -
Afenyo-Markin urges NPP to move from talk to action after 2024 election loss
5 hours -
Ghana’s 69th Independence Day Concert in UK to be held on March 7 – Sleeky Promotions
5 hours
