A fresh legal battle has emerged between businessman Richard Nii Armah Quaye and his former wife, Joana Quaye, as she seeks a court injunction to prevent the sale or transfer of several properties, luxury vehicles, and company shares allegedly acquired during their marriage.
Mrs. Quaye has filed an application at the Divorce and Matrimonial Division of the Accra High Court, asking the court to restrain her ex-husband from disposing of selected assets while an appeal relating to their divorce settlement remains pending.
According to court documents submitted by Dame & Partners on her behalf, the disputed assets include interests in multiple companies, residential properties, and high-end vehicles, which she argues were jointly acquired during the course of their marriage and should therefore be subject to equitable distribution.
In an affidavit supporting the application, Mrs. Quaye recounted the history of their relationship, revealing that the couple first met in 2002 shortly after completing secondary school before officially marrying in 2010.
She claimed she played a significant role in supporting Mr. Quaye financially and personally during the early stages of his academic and business journey. According to her, part of that support contributed to the establishment of Quick Credit Company Limited, now operating as Bills Micro Credit.
Mrs. Quaye further stated that before their marriage, they operated a joint bank account and invested together, adding that proceeds from those investments were used to support Mr. Quaye’s studies in the United Kingdom.
Upon his return to Ghana, she alleged that they jointly explored business opportunities and invested personal savings into setting up a microfinance business.
The affidavit also stated that in 2011, the couple jointly incorporated Quick Micro Credit and Investment Limited, where both served as directors and shareholders. However, Mrs. Quaye alleged that her name was later removed from company records without her knowledge or consent, an issue she said surfaced during proceedings in the divorce case.
Among the assets listed in the application are shareholding interests in companies such as Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, and CEQA Foods.
The application also references residential properties located at Trasacco Estates, East Legon, Dansoman, and Mamprobi, in addition to several luxury vehicles believed to be part of the disputed marital assets.
Mrs. Quaye is therefore urging the court to preserve the assets until the appeal is determined, arguing that any attempt to transfer or dispose of them could make it difficult to enforce a future judgment should the appeal succeed.
The affidavit additionally raised concerns about aspects of the original divorce judgment delivered on January 20, 2026. Mrs. Quaye contended that delays in obtaining the full written judgment affected her ability to properly exercise her right of appeal.