Joana Quaye Files Injunction to Block Sale of RNAQ Properties

Joana Quaye, ex-wife of Ghanaian businessman Richard Nii Armah Quaye (RNAQ), has filed an injunction application at the Divorce and Matrimonial Division of the High Court in Accra seeking to prevent him from selling, transferring, or disposing of a wide range of assets while her appeal over their divorce settlement is pending.

She is asking the court to temporarily preserve shares, properties, and luxury vehicles allegedly acquired during their marriage, arguing that the assets could be moved or altered before the Court of Appeal determines whether she is entitled to a larger share of the estate.

In a supporting affidavit filed through Dame & Partners, Joana traces the origins of their relationship to 2002, stating that it later led to marriage in 2010. She claims she supported RNAQ financially and personally during his early academic and entrepreneurial years, including assisting in the foundation of what later became Quick Credit Company Limited, now known as Bills Micro-Credit.

She further states that prior to their marriage, she opened a joint account with RNAQ at SG-SSB, and that funds from that account were invested through Databank. According to her, the investment was later redeemed and used to finance RNAQ’s studies in the United Kingdom in 2008.

Joana also claims that upon RNAQ’s return in 2009, she helped fund the establishment of a microfinance business using her personal savings. That business, she says, became the foundation of Quick Credit, formed shortly after their marriage.

On ownership of the business, she maintains that in 2011 they jointly incorporated Quick Micro Credit and Investment Limited, where both parties served as the original shareholders and directors.

She alleges that in 2021, RNAQ altered company records without her knowledge, removing her as both director and shareholder. She further claims that this was confirmed during cross-examination in the divorce proceedings.

Her application also challenges the trial court’s earlier ruling, which she describes as unfair and inconsistent with principles governing equitable distribution of marital property.

The injunction application lists extensive assets she is seeking to restrain, including shares in companies such as Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, and CEQA Foods, among others.

It also includes properties in high-end residential areas such as Trasacco Estates, East Legon, Dansoman, and Mamprobi, as well as luxury vehicles including a Rolls-Royce Phantom, Bentley Coupe, Mercedes-Benz G-Wagon, Range Rover Vogue, Range Rover Velar, and Lexus 4x4s.

Joana argues that these assets were accumulated during the marriage and should be subject to equitable distribution. She is asking the court to prevent any transfers or disposals until her appeal is fully determined.

She further contends that RNAQ’s companies were used as vehicles to acquire additional businesses and properties, and that some assets are held indirectly through corporate structures linked to the original company formed during their marriage.

Her affidavit also raises allegations of marital misconduct, including claims of infidelity and domestic abuse, as well as accusations that some complaints filed with authorities were not acted upon.

She additionally claims that RNAQ currently resides in a Trasacco property with another woman, which she describes as part of a pattern of relationships during the marriage.

The application also questions the handling of the original divorce judgment delivered on January 20, 2026, alleging delays in the release of the full written ruling and suggesting inconsistencies in the versions of the judgment circulated.

Joana argues that without the injunction, she risks irreparable loss even if her appeal succeeds, describing the potential outcome as leaving her with an “empty legal shell.”

The case continues to attract significant public attention due to the scale of assets involved and the broader debate it has sparked around marital property rights and wealth accumulation in long-term marriages.