The customers of the liquidated deposit-taking institution, DKM Diamond Microfinance Limited, have expressed shock at claims by the Minister of Finance, Ken Ofori-Atta that the deposits of 80% of customers have been refunded.

Spokesperson of the aggrieved customers, James Sarfo Baffoe, said President Akufo-Addo and his finance minister are only using their plight for political capital but have failed to come to their aid.

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He insists the 80 percent claim by the Minister during the 2019 budget were false, adding that they have only paid about 20-30% of those affected.

“I have met with people from Brong Ahafo and other parts of the country who have told me their monies have not been paid so all they are saying are lies. They are just information on paper being read to us. The government has only paid just about 20-30% and not the figure they have given.

“They deceived people about the payment and took people’s documents from them hence they can’t get their monies because they have no proof,” Mr Baffoe said on Neat FM monitored by

Finance Minister, Ken Ofori Atta had claimed in his 2019 Budget and Economic Policy presented to Parliament, Thursday, 15 November 2018, that the official liquidator, the Registrar General’s Department, received 99,858 claims out of which it validated 79,708 and paid out GHC502 million.

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He said: “…Government has also taken steps to settle all claims of DKM customers. Mr Speaker, you would recall that DKM Diamond Microfinance Limited had its license revoked in February 2016 with considerable suffering imposed on depositors without any meaningful response from the previous government, that has significantly changed, Mr Speaker

“The official liquidator received 99,858 claims and the validated claims amounted to 502 million Ghana cedis. I will like to inform the country that, out of the 99,858 claims 79,708 – 80% have been settled and depositors have been paid.”

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But Mr Sarfo Baffoe expressed disappointment in the Finance Minister over the payment claims, daring him to provide the list of the affected customers whom the monies were paid to.

According to him, if the Government fails to provide the list, they will have no option than to stage a demonstration to show that they have not received their locked up investment.