The divorce dispute between businesswoman Joana Quaye and businessman Richard Nii Armah Quaye has taken a new legal turn, with Mrs. Quaye filing an application at the Divorce and Matrimonial Division of the Accra High Court seeking to restrain her former husband from dealing in key assets and company shares.
The application is aimed at preserving disputed properties and business interests pending the outcome of an appeal against the couple’s divorce settlement.
Through her lawyers at Dame & Partners, Mrs. Quaye is asking the court to place an injunction on the sale, transfer, or disposal of selected assets, which she argues were acquired during the marriage and should be subject to fair distribution.
The contested holdings reportedly include shares in several companies, residential properties, and luxury vehicles linked to businesses and investments built during the course of the marriage.
In court filings, Mrs. Quaye traces the history of the relationship, stating that she and Mr. Quaye met in 2002 after secondary school and got married in 2010. She claims she played both financial and personal roles in supporting his education and early business development, including contributions that helped establish what is now known as Bills Micro Credit, formerly Quick Credit Company Limited.
She further alleges that before their marriage, the couple jointly managed a bank account and made shared investments, some of which were used to fund Mr. Quaye’s studies in the United Kingdom.
According to her affidavit, the couple later ventured into business together after his return to Ghana, pooling resources to establish a microfinance enterprise. She also claims that in 2011 they jointly incorporated Quick Micro Credit and Investment Limited, where both served as directors and shareholders.
Mrs. Quaye alleges that her name was subsequently removed from company records without her consent, an issue that became central to the divorce proceedings.
The assets listed in the injunction application include shareholdings in companies such as Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, and CEQA Foods, as well as properties located in high-value areas including Trasacco, East Legon, Dansoman, and Mamprobi. Several luxury vehicles are also part of the disputed estate.
She is urging the court to preserve all contested assets until the appeal is determined, warning that any disposal could undermine a future judgment in her favour.
Mrs. Quaye has also raised concerns about the original divorce ruling delivered on January 20, 2026, arguing that delays in receiving the full written judgment limited her ability to properly exercise her right of appeal.
The case is expected to further test the legal boundaries surrounding matrimonial property rights and business ownership in divorce settlements involving high-value estates.
