DKM Liquidator to begin payment today

Acting Registrar General, Jemimah Adjare revealed that individuals whose names have been validated in the liquidation will be paid.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Agitated customers of Diamond Microfinance (DKM) can now breathe a sigh of relief as the official liquidator has indicated it will begin payment on Monday, October 10, 2016.

According to the acting registrar general, Jemimah Adjare individuals whose names have been validated in the liquidation will be paid.

READ ALSO:DKM Microfinance No money to pay DKM customers- Liquidator

She added that payments will be made over the counter and electronically at all DKM branches.

"Payment will be made over the counter. There is going to be a dedicated cage for DKM creditors who will be verified and whatever amount that would be paid to you will be done electronically and accessed by the branches we paying these monies. We just want to make the burden easier on them," she said.

So far, over 70, 000 DKM customers have been validated by the official liquidator awaiting payment.

READ MORE:DKM Microfinance Agitated customers of DKM threaten to sue DKM

Jemimah Adjare urged customers whose investments have been locked up to verify their names and to also have knowledge about the day of their payment.

This will pave way for the payment of parts of their locked up investment at designated Banks.

DKM was forced to suspend operation in 2015 after an audit report revealed that the company did not have enough assets to back its liabilities to its customers.

Download our mobile app today.

Android - Google Play Store

iPhone - Apple App Store

Recommended Articles