[ 2016-09-17 ]

Registrar General all set for liquidation of DKM
The Registrar General’s Department has told Citi
Business News they have acquired all relevant data
and documents from DKM microfinance to start
liquidating assets of the company for the
settlement of owed customers.

The Registrar General’s Department, which is the
official liquidator previously had challenges
accessing assets and documents of DKM which
intricated moves to round up their search for
information.

Over 63,000 DKM customers will receive their funds
from the Registrar General Department.

Acting Registrar General at the Registrar
General’s Department Jemima Oware tells Citi
Business News the liquidation process is set to
commence soon.

“We have been able to get some hard drive so we
are now finalizing the list of who are the real
creditors. So we look at the asset, we liquidate
the asset then we pay.”

She further states that customers will be directed
to the exact bank to receive their monies in
October when it is ready.

“After that we will indicate to them sometime in
October which banks they will be asked to go
collect their monies”.

Registrar General to meet customers of DKM

The Registrar General earlier called for a first
creditors meeting with customers to process
payment of customers locked up funds.

In a statement copied to Citi Business News the
department urged all affected customers to be at
the said meeting.

According to the statement, the move is in
accordance with section 23 and 42 of the bodies
corporate (official liquidator), Act 1963 (Act
180).

The statement further clarified that the Brong
Ahafo meeting will be held on September 20, 2016,
10am at the Sunyani Coronation Park.

The Upper East region creditors meeting is
expected to take place on September 22, 2016 at
the Bolgatanga Jubilee Park, while the last
creditors meeting will be held in the Upper West
region at the Wa Jubilee Park on September 24
2016.

Source - citibsinessnews.com

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