Some angry youth of Nkoranza North, in the Brong Ahafo Region, have assaulted the District Chief Executive (DCE) of the area, Kojo Agyei Dwomoh, over what they claim is his failure to assist them retrieve their monies locked up in some financial institutions.
The desperation of the affected customers of the investment companies, DKM and Jaster Motors and Investment, has heightened in recent times with people resorting to violent means to demand their cash.
DKM is struggling to pay depositors their funds after the central bank lifted a moratorium on its operations.
DKM yet to fulfill payment of customers’ money
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There have been series of street demonstrations and invocation of curses and the boycott of state functions by affected customers, especially the people of Nkoransa who are the worst hit.
On Sunday, a Three-year old daughter of Daddy Brown, a sports Presenter of Jerryson FM, a private station at Nkoransah whose owner is the CEO of Jastar Motors and Investment Company, was kidnapped by one of the customers to force them to return his money.
It took the effort of the presenter and his men to trace the kidnapper to Techiman, where the child was rescued with the help of the police.
The suspect has since been arrested and is to be prosecuted soon. But things came to head on Monday, when some aggrieved youth thronged the premises of a privately owned digital Television Station, ATV, to interrupt a live telecast which had the DCE as a guest, after they accused him of making some uncomplimentary remarks on the subject matter.
The violence continued on at a consultative forum on Tuesday, which was to discuss the way forward for the retrieval of monies from the companies.
The forum was organized by the youth in the area, and in attendance were chiefs, the DCE, some opinion leaders and officials of the two financial institutions.
The DCE, Kwadwo Agyei Dwomor, was however prevented from speaking, and instead humiliated when sachet water was thrown at him, forcing police to whisk him away.
The angry youth rained curses on the management of the defaulting companies and their accomplices.
In an attempt to manage the growing tension, the Brong Ahafo Regional Minister Eric Opoku, is expected to meet the media in the region to show videos of series of meetings held with the companies and brief them on the way forward.
The Public Relations Officer (PRO) of the Brong Ahafo Regional Coordinating Council, Kwabena Acheampong confirmed the meeting to Citi News.
The Chief of Staff, Julius Debrah, recently promised Government’s commitment to retrieve the monies for the customers as their patience run out.
The Governor of the Bank of Ghana (BoG) Dr. Henry Kofi Wampah, had also announced that the Bank is working around the clock to ensure DKM Microfinance Company pays customers their initial deposits