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Ex-Wife Moves to Stop Richard Quaye from Selling Disputed Properties

Ghanapoliticsonline.com by Ghanapoliticsonline.com
May 14, 2026
in Featured, General News
Reading Time: 2 mins read
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Joana Quaye, the former wife of businessman Richard Nii Armah Quaye, has filed an application at the Divorce and Matrimonial Division of the Accra High Court seeking to restrain him from selling or transferring a range of assets she claims were acquired during their marriage.

In the application, Mrs. Quaye is asking the court to place an injunction on selected properties, company shares, and luxury vehicles pending the determination of an appeal relating to their divorce settlement. She argues that any attempt to dispose of the assets could undermine the enforcement of a potential judgment in her favour.

According to court documents filed by Dame & Partners, the disputed assets include interests in several companies as well as residential properties located in Trasacco Estates, East Legon, Dansoman, and Mamprobi. The filing also references multiple high-value vehicles believed to have been acquired during the marriage.

Mrs. Quaye maintains that the assets in question were jointly built and should be subject to equitable distribution. In an affidavit supporting the application, she outlined the history of their relationship, stating that they met in 2002 after completing secondary school and married in 2010.

She claims she played a key role in supporting her former husband’s education and early business ventures, including financial contributions that helped lay the foundation for Bills Micro Credit. She further alleges that the couple operated a joint bank account prior to their marriage and made investments together, proceeds of which supported his studies in the United Kingdom.

Following his return to Ghana, Mrs. Quaye says they jointly explored business opportunities and used personal savings to establish a microfinance enterprise. She also alleges that in 2011, they co-founded a company together, serving as both directors and shareholders, but claims her name was later removed from official records without her consent—an issue that surfaced during divorce proceedings.

The application lists several companies in which she claims an interest, including Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, and CEQA Foods.

Mrs. Quaye is also raising concerns about aspects of the original divorce judgment delivered on January 20, 2026, arguing that delays in obtaining the full written ruling affected her ability to effectively exercise her right of appeal.

The court is expected to consider whether to grant the injunction to preserve the assets until the appeal is determined.

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