Business News of Sunday, 12 March 2017

Source: 3news.com

Customers threaten demo in DKM fallout; arrest two officials

Customers of Creative Brain Investments on Saturday, March 11 arrested two officials after they received only 20 per cent of the investments.

According to the customers, the investment company, which is one of the hardest hit DKM Diamond Microfinance victims, have received their full refund and so should have given them their full investments as well. In Bolgatanga on Saturday, but for the timely intervention of the municipal police command, the two officials would have been roughed up.

Narrating the incident to TV3’s Rabiu Mohammed Tanko, the customers said they were called for a meeting on Saturday by Creative Brain Investments for a refund of their investments as received from the DKM liquidator. But they said a declaration form was issued to them to sign for only 20 per cent of their investments of almost two years. What angered them was the fact that that amount is the only money they will receive, as told them by the officials.

The customers told TV3’s reporter that they were told that out of the GH¢9,000,000 invested, only GH¢ 1,000,000 was released by DKM liquidator to Creative Brain Investments, something they find to be a half-truth. They are therefore demanding full refund and calling on government to intervene. They said they will hit the streets if they don’t hear from government.