Audio By Carbonatix
The non-payment of investments to customers of the Bolgatanga branch of DKM Microfinance has triggered a massive demonstration in the area.
Clad in red and waving placards, the aggrieved customers have threatened not to partake in the 2016 general election if their monies are not paid them.
They chanted ‘no money, no votes’, ‘we want our money back’.

With branches in Sunyani, Bolgatanga and Wa and other places, DKM microfinance allegedly promised to double deposits of customers after some time.
Many Ghanaians in parts where the company had branches invested huge amounts of money.
Unfortunately, the operations of DKM microfinance were suspended May 11, 2015. This came after the Bank of Ghana (BoG) found the company culpable of operating outside the banking regulations.
Customers of the company have since been denied access to their initial deposits.
Some Government Officials and stakeholders met with some aggrieved customers in Sunyani after a series of demonstrations there.

Some aggrieved customers besiege DKM Office
Some of the customers who obtained court orders to liquidate properties of the company stormed the offices of the company in Wa, Damango and Sunyani and scrambled the assets.
The CEO of DKM Microfinance, Martin Delle was arrested by the Bureau of National Investigation but has been granted bail.
But the customers have accused government of putting in less effort to ensure they get their monies back from DKM.
They said government should have stopped the operation of DKM when it started operating and not after they had made their investments.
‘DKM is a recognized microfinance company’, ‘The suffering is too much’, ‘Pay us back our money’were some inscriptions on placards of the demonstrators at Bolgatanga.

They appealed to the Bank of Ghana to allow the company to operate to ensure they get their monies back.
Meanwhile, Finance Minister, Seth Terkper is expected to appear before parliament to brief the house on steps taken to restore peace and tranquility in towns where the troubled microfinance companies operated.
Latest Stories
-
UNHCR backs refugee athletes competing at African Championships in Accra
35 seconds -
IMF Exit: Ghanaians now expect stable utility tariffs and exchange rate, less taxes, lower cost of living
5 minutes -
From refugee camps to Accra: Athletes pursue continental glory against the odds
6 minutes -
UN Working Group raises alarm over land, seed and livelihood crisis in Ghana’s rural communities
12 minutes -
DJ Slim Jerry releases ‘Abonteen’ as he explores Afro House sound
14 minutes -
MTN Ghana launches 30th anniversary celebration with renewed digital transformation commitment
30 minutes -
Two brothers drown while attempting to rescue sibling in abandoned quarry pit at Akatsi
44 minutes -
Tidal wave collapses 13 houses in Moree; over 80 rendered homeless
48 minutes -
Aid model has failed – Ghana pushes global development reset at OECD Summit in Paris
1 hour -
Vice President delivers keynote address at 16th Oxford Africa Conference
1 hour -
Dormaahene hails President Mahama’s ‘Big Push’ agenda
1 hour -
Ghana Civil Aviation Authority celebrates 40 years of aviation excellence with a dinner
2 hours -
Western Regional Council of State Member installed as Nkabomhene of Ahanta Traditional Council
2 hours -
Defend the Altar – Rev. Stephen Wengam charges Christians to reject alien doctrines
2 hours -
Malta High Commissioner commends GIU as institution attains university status
2 hours