DCE Bombed Over DKM Cash


DKM Cash34



A section of aggrieved customers on demonstration

ABOUT 1,800 aggrieved customers of some collapsed micro finance companies in the Berekum municipality of the Brong-Ahafo Region, have demonstrated and threatened to close down traditional banks and the Berekum Municipal Assembly in two weeks’ time if government does not prevail upon the institutions to pay back their invested monies.

The companies are DKM Diamond Micro-Finance; God is Love Fun Club, Jastar Motors and Investments Company Limited, Little Drops Association, Care for Humanity and Eye Adom Fun Club.

         The demonstrators, clad in black and red apparels, said they were mourning because they could not make ends meet or pay their children’s school fees as their businesses had collapsed.

A similar protest took place at Nkoranza the previous day by victims of the scam in the area with some irate youth bathing the District Chief Executive, Nana Kwadwo Adjei Dwomor, with sachet water.

Their action was due to the DCE’s inability to help them get back their monies deposited with some of the micro finance companies.

Nana Kwadwo Adjei Dwomor according to reports, was addressing a function when the aggrieved customers of the suspended micro finance companies stormed the event ground and started throwing the sachet water at him.

The Member of Parliament for Nkoranza North, Major (rtd) Derrick Oduro, said he had to shield the DCE from being lynched.


He indicated that the action of the youth was justified since government had turned deaf ears to their concerns.

Yesterday, the Berekum East MP, Dr Nuamah Kwabena Twum and one of the organizers of the protest, Alex Obeng, promised to carry out protestations until their investments were paid back to them.

The MCE of Berekum, Yiadom Boakye, was however, heckled when he tried to address the demonstrators.

 Under heavy police guard, he managed to tell the demonstrators that President John Dramani Mahama had heard their cries and promised to go into the issue.

The member of parliament of Berekum East, Dr. Twum Nuamah, addressing the gathering, said the people of the area were in a state of despair because their investments had been locked up and could not therefore take care of their families.

The MP wondered why the Bank of Ghana, The Economic and Organized Crime Office, the BNI and other security organizations could sit aloof for micro finance companies to work between four to five years without checks thereby messing up people’s lives.

There was heavy police presence, numbering about 105 personal according to the Berekum Divisional Commander, Andrews-Edumase Boadu.

From: Daniel Y. Dayee

[email protected]


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