Wild Customers Raid DKM

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Customers of distressed DKM Financial Services in Sunyani, the  Brong-Ahafo regional capital, yesterday ransacked the headquarters of the company and removed office equipment and all movable items to defray their lost deposits.

This follows a Sunyani district court order authorising the auctioning of the company’s assets to defray the customers’ monies blocked by the Bank of Ghana after DKM failed to pay back the monies with the supposed interests.

The chief executive officer of DKM, Martin Kuudening Delle, is already facing trial at a court of law in Accra and has been granted bail in the sum of GH¢80 million. Three other operators of collapsed microfinance entities in the region – Monica Afriyie popularly called Maame Korkor, Managing Director of God Is Love; Noel Nortey,  Nkoranza Branch Manager of God Is Love and Charles Asum, Managing Director of Jastar Group of Companies – were also arrested by the Bureau of National Investigations (BNI) and were equally granted bail in various sums of money.

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DKM properties being packed into trucks at its Sunyani head office yesterday

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The court order, sighted by DAILY GUIDE, indicates: “Order Guarantying leave to enter the building on plot number 3, block ‘D’ sector 2, Central Area, Sunyani, was granted by District Court ‘B’ to two lawyers on behalf of their clients to remove office equipment under the supervision of the court registrar and witnessed by the chief security officer of DKM, Ex WO2 Alidu Mohammed.”

A court bailiff posted about six court notices on the premises of DKM to give legal backing to the action.

 As a result, all movable properties within the three-storey building, including metal chairs, tables, metal safe, ceiling fans and electric bulbs were removed and packed into a waiting truck.

At the time of DAILY GUIDE’s visit to the premises, electricians were seen unscrewing the metal and glass doors whilst others carried sofas into the waiting van.


The Sunyani court registrar, Albert Appiah, under whose supervision the items were removed, said the court gave the order on Friday, January 22, 2016 for the evacuation of properties from the DKM building, adding, “I will take inventory of all the things removed and this will be witnessed in signing by the chief security officer of the company.”

Mr Appiah said after the things had been removed, he would take custody of them and later invite a valuer to do the valuation and prepare a motion to be sent to the court for it to be adopted and a reserve price given on them. After this an auctioneer would be appointed to dispose of the items according to the Auction Act.

He said monies realised from the process would be sent to the bank for judgement, after which a creditor would apply for them and share them among the customers.

He explained further that after the auctioneer had put a price tag on them and DKM was not satisfied, the company could apply through the high court for it to be revised upwards.

However, the two lawyers, Foster Asante and Kwabena Asare Atuah, who have been given the court order to remove the items, were in a brawl as to who should pack what.

According to our investigations, one of them went to the premises Friday night and packed some things whilst the other came Monday morning and so a misunderstanding ensued.

DAILY GUIDE further learnt that apart from the office equipment, 20 vehicles belonging to the company have so far been impounded by the court.

Surprisingly, there were no policemen around to supervise the process, except the court registrar and the DKM chief security.

According to the court registrar, the order to remove the items was not limited to only the headquarters of the company at Sunyani, but includes offices at Berekum, Damango and Wa.

FROM Daniel Y. Dayee, Sunyani

[email protected]