The legal battle between businessman Richard Nii Armah Quaye and his former wife Joana Quaye has entered a new phase, with Joana Quaye seeking a court injunction to prevent the disposal of some of the businessman’s most valuable assets pending the outcome of her appeal against their divorce settlement.
The application, filed at the Divorce and Matrimonial Division of the High Court in Accra, seeks to restrain RNAQ from selling, transferring, or otherwise dealing with shares in several companies, luxury vehicles, and high-value properties allegedly acquired during the marriage.
Bid to Preserve Wealth Pending Appeal
According to court documents, Joana Quaye argues that urgent intervention is necessary to preserve the disputed assets while the Court of Appeal considers whether she is entitled to a significantly larger share of the wealth accumulated during the marriage.
Her legal team, Dame & Partners, contends that without a temporary freeze, there is a real risk that the assets could be disposed of before the appeal is concluded, potentially rendering any future judgment meaningless.
The application therefore seeks to preserve what her lawyers describe as marital property to avoid leaving her with what she termed an “empty legal shell” should she eventually succeed on appeal.
Tracing the Origins of RNAQ’s Business Empire
In an affidavit accompanying the application, Joana Quaye provides an extensive account of the couple’s relationship and the early formation of RNAQ’s business interests.
She states that the relationship dates back to 2002, shortly after both parties completed secondary school, before they officially married in 2010.
According to her account, she sacrificed educational opportunities and worked multiple jobs to support RNAQ’s ambitions, including contributing financially toward his studies and business aspirations.
She claims that before their marriage, the couple opened a joint account at SG-SSB and later invested funds through Data Bank.
She alleges that proceeds from those investments financed RNAQ’s travel to the United Kingdom in 2008 to pursue accounting studies.
Joana further claims that after RNAQ returned to Ghana in 2009 without employment, they jointly explored ways to establish a business. She says she withdrew her personal savings and closed her individual bank account to provide seed capital for the microfinance company they later established together.
Dispute Over Company Ownership
A major aspect of the case centres on the ownership structure of Quick Credit & Investment Micro-Credit Limited, later renamed Bills Micro Credit.
Joana Quaye claims that in 2011 both she and RNAQ became shareholders and directors of the company, which she argues later became the foundation of his business empire.
However, she alleges that around 2021, RNAQ removed her as a shareholder and director without her consent or knowledge.
Her affidavit argues that businesses such as Quick Credit and Quick Angels subsequently financed the acquisition of additional companies and properties, making them central to the determination of marital assets.
Companies and Luxury Assets Listed
The application identifies an extensive list of companies and assets Joana Quaye wants protected pending appeal.
Among the companies listed are:
Quick Credit
Quick Angels
Waterfall Engineering
Tigon Entertainment
Ridge Medical Centre
CEQA Foods
The properties named in the filing reportedly include residences and real estate holdings in Trasacco Estates, East Legon, Dansoman, and Mamprobi.
Also listed are several luxury vehicles allegedly owned by RNAQ, including:
Rolls-Royce Phantom
Bentley Coupe
Mercedes-Benz G-Wagon
Range Rover Vogue
Range Rover Velar
Lexus 4×4 vehicles
Fresh Allegations Surface
Beyond the financial claims, the affidavit also contains personal allegations relating to the breakdown of the marriage.
Joana Quaye accuses RNAQ of repeated infidelity and alleges that she suffered physical violence during the relationship. She further claims that complaints she lodged with the Ghana Police Service did not progress because of interference from influential persons allegedly connected to the businessman.
These allegations add to earlier claims already circulating publicly following the collapse of the marriage and the controversial High Court ruling delivered on January 20, 2026.
Questions Raised Over Divorce Judgment
The application also raises procedural concerns regarding the original divorce judgment.
Joana Quaye claims that the full written judgment became available more than three months after the decision was delivered, allegedly beyond the constitutional period for filing an appeal.
She further alleges that there appeared to be two versions of the judgment—one containing the court orders and another containing the reasons behind the decision—raising additional concerns about the handling of the case.
Continuing National Attention
The RNAQ divorce saga has evolved into one of the most closely watched family law disputes, drawing widespread public debate over marital property rights, wealth accumulation, gender equity, and judicial reasoning.
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