Joana Quaye seeks court injunction over assets, company shares in divorce dispute

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 an injunction over a number of assets and company shares acquired during their marriage.

The application asks the court to prevent Mr. Quaye from selling, transferring or disposing of certain assets and shareholdings until an appeal connected to the couple’s divorce settlement is resolved.

Court documents submitted by Dame & Partners on behalf of Mrs. Quaye indicate that the disputed properties include stakes in several companies, residential houses and luxury vehicles, which she argues were jointly acquired during the marriage and should therefore be fairly shared.

In an affidavit supporting the application, Mrs. Quaye traced the history of their relationship, stating that they met in 2002 after secondary school and officially married in 2010. She claimed she made both financial and personal contributions toward Mr. Quaye’s education and early business activities, including support that helped establish Bills Micro Credit, formerly known as Quick Credit Company Limited.

She further alleged that before their marriage, the couple operated a joint bank account and made investments together, with proceeds reportedly used to support Mr. Quaye’s studies in the United Kingdom.

According to the affidavit, after his return to Ghana, they jointly explored business opportunities and used personal savings to set up a microfinance business.

Mrs. Quaye also stated that in 2011, the couple jointly incorporated Quick Micro Credit and Investment Limited, where both served as directors and shareholders. She, however, alleged that her name was later removed from company records without her approval, an issue that emerged during the divorce proceedings.

The application lists shareholding interests in companies such as Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre and CEQA Foods among the contested assets. It also includes residential properties in Trasacco Estates, East Legon, Dansoman and Mamprobi, as well as several luxury vehicles.

Mrs. Quaye is requesting the court to preserve the assets until the appeal process is concluded, arguing that any sale or transfer could undermine the enforcement of a future judgment if the appeal succeeds.

The affidavit also questions portions of the original divorce ruling delivered on January 20, 2026. According to Mrs. Quaye, delays in obtaining the full written judgment affected her ability to properly pursue her appeal rights.