An Accra Circuit Court has granted bail to the four operators of some microfinance \u00a0companies in the Brong Ahafo Region where customers\u2019 monies have been locked up for months.<\/p>\n
The four Martin Delle, Managing Director of DKM Financial Services; Noel Nortey, Nkoranza Branch Manager of God Is Love Fun Club; Charles Asum, Managing Director of Jastar Group of Compa\u00adnies and Monica Afriyie popularly called Maame Korkor, Managing Director of God Is Love were arrested by the Bureau of National Investigations (BNI) have been charged with fraudulent breach of trust.<\/p>\n
In the ruling the court presided over by Justice Aboagye Tandor ordered the Manager Director of DKM financial Services to pay six million cedis as security deposits and also report to the police once a week.<\/p>\n
The indicted microfinance operators are said to have collected various sums of money running into several millions of Ghana Cedis from their clients, promising them huge interests of not less than 50 per cent.<\/p>\n
Some people are said to have commit\u00adted suicide in the Brong Ahafo Region after failing to retrieve their monies from the microfi\u00adnance companies.<\/p>\n
–<\/p>\n
By: Fred Djabanor\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
An Accra Circuit Court has granted bail to the four operators of some microfinance \u00a0companies in the Brong Ahafo Region where customers\u2019 monies have been locked up for months. The four Martin Delle, Managing Director of DKM Financial Services; Noel Nortey, Nkoranza Branch Manager of God Is Love Fun Club; Charles Asum, Managing Director of […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32,11],"tags":[],"class_list":["post-183612","post","type-post","status-publish","format-standard","hentry","category-business","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/183612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=183612"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/183612\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=183612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=183612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=183612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}