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Business News of Tuesday, 12 May 2015

Source: GNA

Customers besiege microfinance in demand of deposits

Customers of the DKM Diamond Micro Finance Limited, a savings company in the Sunyani Municipality, on Monday besieged the office of the business entity to demand their cash deposits.

As at 0600 hours, the customers, numbering more than 300 had surrounded the company’s premises, near the Sunyani Coronation Park, anxiously waiting to withdraw their monies.

The decision of the customers followed rumours that the Financial Intelligence Centre, Ghana, an anti-money laundering organisation, had frozen the company’s account.

Some of the customers told the GNA in an interview that their deposits at the company ranged from GH?1,000.00 to GH? 10,000.00.

They are made up of artisans, petty traders, churches, market women and other entrepreneurs engaged in retailing of building materials and electrical appliances as well as football administrators.

Meanwhile, the company has assured customers and the public that it has not received any official letter purporting that the Financial Intelligence Centre, Ghana had frozen its accounts.

“Clients should not panic but continue to do business with DKM. We are a genuine financial institution registered under the Banking Act of Ghana and under no circumstance would we carry out any activity which is contrary to the approved regulations by the Bank of Ghana”, a statement signed by Mr Ransford Agyemang, Head of Communication of the company, said.

The statement said: “Our main objective is to serve and would continue to do just that by handling deposits diligently in accordance with approved regulations of the Bank of Ghana.”

“We advise persons with difficulties or problems concerning this current rumour should not hesitate to contact any of our branches in Sunyani, Wa, Bolgatanga, Wenchi, Techiman, Nkoranza, and Berekum for clarifications.”

According to the statement, the company was established and started operations in Brong-Ahafo in 2005 and has served more than nine million clients across the country.