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Ex-Wife of Richard Nii Armah Quaye seeks injunction over assets, company shares

byHanson Agyemang
May 14, 2026
Reading Time: 2 mins read
businessman Richard Nii Armah Quaye and his Ex-Wife Joana Quaye

businessman Richard Nii Armah Quaye and his Ex-Wife Joana Quaye

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Joana Quaye, the ex-wife of businessman Richard Nii Armah Quaye, has filed an application at the Divorce and Matrimonial Division of the Accra High Court seeking an injunction against her former husband over several assets and company shares acquired during their marriage.

The application requests the court to restrain Mr. Quaye from selling, transferring, or disposing of selected assets and shareholdings pending the determination of an appeal relating to the couple’s divorce settlement.

According to court documents filed by Dame & Partners on behalf of Mrs. Quaye, the disputed assets include interests in several companies, residential properties, and luxury vehicles, which she argues were acquired during the subsistence of the marriage and should therefore be subject to equitable distribution.

In an affidavit supporting the application, Mrs. Quaye outlined the history of their relationship, stating that they met in 2002 after completing secondary school and later married in 2010. She claims she contributed financially and personally to Mr. Quaye’s education and early business ventures, including support that contributed to the establishment of Quick Credit Company Limited, now known as Bills Micro Credit.

Mrs. Quaye further stated that prior to their marriage, the couple operated a joint bank account and made investments together, the proceeds of which she says were used to support Mr. Quaye’s studies in the United Kingdom.

She also alleges that after his return to Ghana, they jointly explored business opportunities and used personal savings to establish a microfinance business.

The affidavit also claims that in 2011 the couple jointly incorporated Quick Micro Credit and Investment Limited, with both parties serving as directors and shareholders.

Mrs. Quaye alleges that her name was later removed from the company records without her consent, an issue she says arose during proceedings in the divorce case.

Among the assets listed in the application are shareholding interests in companies including Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, and CEQA Foods. The application also references residential properties located in Trasacco Estates, East Legon, Dansoman, and Mamprobi, as well as several luxury vehicles.

Mrs. Quaye is asking the court to preserve the assets pending the outcome of the appeal, arguing that any transfer or disposal could affect the enforcement of a future judgment should the appeal succeed.

The affidavit additionally raises concerns about aspects of the original divorce judgment delivered on January 20, 2026.

Mrs. Quaye contends that delays in obtaining the full written judgment affected her ability to fully exercise her right of appeal.

Tags: DivorceGhana NewsinjunctionJoana QuayeNii Armah Quaye
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