Flagbearer for the opposition National Democratic Congress (NDC), John Dramani Mahama, has claimed that the flagbearer of the New Patriotic Party (NPP), Vice President Dr Mahamudu Bawumia, is being financially sponsored by the founder of defunct DKM Financial Services, Martin Dele
He believes funds meant for customers of the defunct financial institution are being used to sponsor the Vice President’s campaign. He noted that his claim was corroborated by Defence Minister Ambrose Dery who said “the DKM owner is an NPP member”.
In 2015, the Bank of Ghana (BoG) suspended the operations of DKM Diamond Microfinance Company Limited for violating the Banking Act.
Also, the Financial Intelligence Centre (FIC) froze five accounts of the company, directing an immediate freeze of all debit transactions on any of the five accounts.
A letter signed by the Chief Executive Officer of the FIC, Mr S.T. Essel, listed the accounts as DKM Mining, Transport, Shea Butter, Cement Depot, all limited liability companies, and DKM Gas Filling Station, all under the DKM Group.
But in a swift rebuttal, the company denied any such actions by the two institutions, insisting that “we are a genuine financial institution registered under the Banking Act of Ghana and under no circumstance should we carry out any activity which is contrary to the approved regulations by the BoG”.
In July this year, Martin Dele was sighted in the company of Dr Mahamudu Bawumia during a campaign tour in Nandom.