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Ex-Wife of Ghanaian Businessman RNAQ Seeks Court Order to Freeze Multi-Million Assets

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Accra, Ghana – In a high-stakes legal battle gripping Ghana, the ex-wife of self-acclaimed billionaire businessman Richard Nii Armah Quaye (widely known as RNAQ) has filed an urgent application at the High Court in Accra seeking to freeze his multi-million dollar assets, including shares in numerous companies, luxury homes, and a fleet of exotic vehicles.

According to reports, Joana Quaye has filed an application for an injunction at the Divorce and Matrimonial Division of the High Court, seeking to restrain her former husband from selling, transferring, disposing of, or alienating any of the disputed assets until the Court of Appeal determines whether she is entitled to a larger share of the wealth accumulated during their marriage.

The case has ignited intense public debate across Ghana about marital property rights, the recognition of women’s non-financial contributions to wealth creation, and the equitable distribution of assets following divorce.

From Secondary School Sweethearts to Bitter Legal Adversaries

In an explosive affidavit filed on her behalf by her new legal team, Dame & Partners, Joana Quaye narrates a relationship that began in 2002 when both parties had just completed secondary school, culminating in marriage in 2010.

She claims she sacrificed her own education, worked multiple jobs, and financially supported Richard Nii Armah Quaye’s studies and early entrepreneurial ambitions. According to the affidavit, her contributions included funding that helped establish Quick Credit Company Limited, now known as Bills Micro-Credit.

Relying on documents tendered as exhibits during the trial, Joana Quaye stated that in anticipation of their marriage, she opened a joint account with RNAQ at SG-SSB Ltd. The couple jointly invested funds from that account through Data Bank Ltd. When the investment matured and was redeemed in 2008, the proceeds were given to RNAQ to fund his travel to the United Kingdom to pursue a degree in Accounting.

Upon RNAQ’s return from the UK in 2009, he was unemployed. Joana Quaye claims she closed her personal bank account, withdrawing all her savings, which the couple used as seed money to start a micro-finance enterprise in 2010 – the same year they married. They named the business Quick Credit.

Allegations of Unlawful Share Transfer

Joana Quaye further states that in 2011, the couple jointly set up Quick Micro Credit and Investment Limited (unilaterally renamed Bills Micro Credit by RNAQ). She was an original shareholder and, together with RNAQ, one of only two directors of the company.

However, she alleges that around 2021, without her knowledge or consent, RNAQ altered the company’s records, removing her as both a director and a shareholder. She claims RNAQ admitted to this act under cross-examination during the divorce trial.

“The conclusions of the learned judge were arbitrary, discriminatory and a complete departure from the principles governing the equitable distribution of marital property upon the dissolution of marriage,” she states in her affidavit cited by GhanaWeb.

She argues that all assets acquired during the marriage, including shares in companies, are marital property liable to be “distributed equitably, irrespective of whether there was an agreement between the parties or not.”

An “Eye-Popping” Catalogue of Disputed Assets

The application lists a staggering array of disputed assets, including shareholding interests in Quick Credit, Quick Angels, Waterfall Engineering, Tigon Entertainment, Ridge Medical Centre, CEQA Foods, and several other companies.

Also named are luxury homes in some of Ghana’s most affluent neighborhoods, including Trasacco Estates, East Legon, Dansoman, and Mamprobi. The vehicle fleet at the center of the dispute includes a Rolls-Royce Phantom, Bentley Coupe, Mercedes-Benz G-Wagon, Range Rover Vogue, Range Rover Velar, and a Lexus 4×4.

Joana Quaye argues that Quick Credit served as the “springboard for RNAQ’s wealth and acquisition of various properties.” She contends that RNAQ used Quick Credit and Quick Angels as vehicles to acquire other companies, as well as immovable and movable properties.

Allegations of Violence, Infidelity, and Police Interference

In further bombshell claims, Joana Quaye accuses the businessman of causing the breakdown of their marriage through “unbridled cheating with many women” and states that she suffered severe physical violence during the marriage. She alleges that complaints she lodged with the Ghana Police Service never saw the “light of day” due to interference by powerful persons allegedly acting on behalf of RNAQ.

She also claims that RNAQ currently lives in the Trasacco residence with another woman, whom she describes as one of several girlfriends maintained during the marriage.

Constitutional Questions Over Divorce Judgment

The affidavit raises serious procedural and constitutional questions about the original divorce judgment delivered on January 20, 2026. According to Joana Quaye, the full written judgment was unavailable for more than three months and only surfaced after her constitutional right of appeal had expired.

She argues that there appeared to be “two versions” of the judgment – one containing the final orders and another containing the reasons for the orders, released after the three-month appeal period had lapsed. She says this situation violated her constitutional rights and that if her new lawyers had not promptly appealed when the full judgment was unavailable, she would have suffered irremediable damage.

What She Is Asking the Court to Do

Joana Quaye is asking the High Court to preserve all contested assets pending the outcome of her appeal, warning that any transfer or disposal of the properties could cause irreparable injustice and leave her with an “empty legal shell” even if she eventually wins her case.

The application seeks to temporarily freeze the disputed assets to prevent the businessman from disposing of them before the Court of Appeal decides whether she is entitled to a larger share of the couple’s wealth.

A National Debate Ignited

The high-profile dispute has captured public attention across Ghana and is expected to ignite a national conversation about marital property laws, the recognition of women’s often-unseen contributions to wealth creation during marriage, and the extent to which spouses are entitled to fortunes built over long-term relationships.

Legal analysts note that the case could have far-reaching implications for divorce and property law in Ghana, particularly regarding the equitable distribution of assets acquired during marriage and the legal protections available to spouses who contribute non-financially to a family’s wealth.

This is a developing story. The court is expected to rule on the injunction application in the coming weeks.

Ghana News

President Mahama Announces $300m World Bank Project to End Ghana’s Double Track School System by 2027

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Accra, Ghana – President John Dramani Mahama has announced a $300 million World Bank facility aimed at upgrading 50 senior high schools across Ghana, a move designed to end the country’s double-track system by 2027 while transforming secondary education through infrastructure expansion, teacher development, and technical training.

According to the Information Services Department, the President made the announcement on Wednesday, May 14, 2026, at the commissioning of a PET scan facility at the Swedish Ghana Medical Centre in Accra, describing the investment as one designed not just to expand infrastructure but to promote equity, improve quality, and widen opportunities for every Ghanaian child.

The STARR-J Programme: What It Entails

The initiative, officially named the Transformative Secondary Education for Access, Results and Relevance for Jobs programme (STARR-J) , will see 30 category C senior high schools upgraded to category B, and 20 category B schools upgraded to category A. The project will also introduce community day schools through the construction of new e-blocks in urban and peri-urban communities, bringing secondary education closer to families and easing pressure on boarding facilities across the country.

President Mahama stated that STARR-J would help Ghana achieve its target of ending the double-track system in all senior high schools by 2027. The double-track system, introduced as a temporary measure to accommodate increased enrollment following the implementation of free senior high school education, has been criticized for reducing contact hours between teachers and students and placing strain on both educators and facilities.

“We will give teachers more time to prepare teaching materials and rest between terms,” the President said, outlining one of the key benefits of transitioning to a single-track system.

Teacher Development at the Core

Beyond infrastructure, the programme places strong emphasis on teacher development. All secondary school teachers will benefit from continuous professional development programmes covering digital literacy, critical thinking, artificial intelligence integration, and learner-centred teaching approaches.

“Our objective is clear: to ensure that every teacher is not only well qualified but also continuously empowered to deliver relevant high-quality education that prepares our young people not merely for examinations but for life, work, innovation and national development,” President Mahama said.

Technical and Vocational Education Included

The President added that the STARR-J project would also cover technical and vocational education and training (TVET) institutions, ensuring that improvements in quality extended across all categories of secondary education and aligned with the skills demands of a modern and competitive economy. This inclusion signals the government’s commitment to bridging the gap between academic education and practical, job-ready skills.

Context: The Double-Track System

The double-track system was implemented in 2018 as a stopgap measure to absorb the surge in enrollment following the introduction of free senior high school education. Under the system, students attend school in alternating tracks, with one track in session while the other is on break. While the policy succeeded in expanding access, it has faced persistent criticism over reduced instructional hours, overcrowded facilities, and teacher burnout.

President Mahama’s announcement signals a firm commitment to phasing out the system entirely by 2027, a timeline that will require rapid and coordinated infrastructure development across the country.

Looking Ahead

The World Bank-backed STARR-J programme represents one of the largest single investments in Ghana’s secondary education sector in recent years. With a focus on equity, quality, and relevance to the job market, the initiative aims to position Ghanaian students for success not only in examinations but in the broader context of life, work, and national development.

The government is expected to release further details on implementation timelines, beneficiary schools, and teacher training rollouts in the coming months.

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Lack of Trust in Ghana May Have Blocked OK Frimpong Extradition, Analyst Amanda Clinton Says as MP Detained in The Hague

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Accra, Ghana – The detention of Ghanaian Member of Parliament Ohene Kwame Frimpong at Amsterdam’s Schiphol Airport signals a profound lack of trust between international law enforcement and Ghanaian authorities, according to a legal analyst, who suggests this breach may have blocked potential extradition proceedings.

Ghana has activated urgent diplomatic channels to ascertain the circumstances surrounding the detention of the Asante Akyem North MP, widely known as OK Frimpong, with the country’s Mission in The Hague coordinating efforts.

The legislator was reportedly detained while traveling to the United Kingdom. The detention, publicly disclosed by the Clerk to Parliament, Ebenezer Ahumah Djietror, on Tuesday evening, reportedly occurred two days earlier on Sunday.

“International Embarrassment” Over Handling of Politically Exposed Persons

Private legal practitioner Amanda Clinton, speaking to Joy News, offered a sharp critique of Ghana’s standing with international law enforcement agencies. She argued that the decision to detain Frimpong at a European airport rather than pursuing extradition through official channels suggests a fundamental lack of confidence in Ghana’s ability to handle cases involving politically exposed persons (PEPs).

“It absolutely sends a signal to this government and to any government that will take place that international law enforcement perhaps did not trust the Ghanaian government enough to share information that they should have,” Clinton stated.

“Had they trusted them, we would have seen something like an extradition.”

Fear of Information Leakage to Government Officials

Clinton explained that international agencies often hesitate to share sensitive information with national security departments in jurisdictions where politically exposed persons hold sway.

“When you have somebody called a politically exposed person or someone in government, international law enforcement will say, ‘Well, if I share this with national security, if I share this with different departments, will that information be compromised? Will it spoil our investigation? And will it mean the person is put on notice so they don’t get on a flight?'”

She elaborated that the fear is not abstract:

“If our agencies were put on notice, some of government appointees would just share that information and it would filter down to a politically exposed person or someone in government. That is the fear from international agencies.”

Why International Agencies Let Him Fly

Clinton noted that the very fact that Frimpong was allowed to board a flight suggests Ghanaian authorities were not alerted in advance.

“He wasn’t put on notice, per se,” she said. “The fact that they let him get on a flight having gathered all that information, instead of sharing it with the Ghanaian government for the Ghanaian government to know whether they agreed or were going to extradite him, says a lot about the ongoing conversation about whether any government can handle politically exposed people and people in government effectively.”

She concluded with a stark warning:

“If they don’t handle them effectively, this is the international embarrassment we will face.”

Background: The Detention and Diplomatic Response

The legislator is said to have boarded a KLM flight to Schiphol Airport en route to the United Kingdom when he was detained based on an international arrest warrant reportedly linked to U.S. authorities and circulated through INTERPOL mechanisms.

Majority Chief Whip Rockson-Nelson Dafeamekpor revealed that the MP personally contacted him on Sunday to inform him of the detention. Majority Leader Mahama Ayariga altered his travel arrangements from London to Accra, rerouting instead to Amsterdam to engage with the detained legislator.

Foreign Affairs Minister Samuel Okudzeto Ablakwa and officials from the Ministry of Foreign Affairs are actively involved in Ghana’s diplomatic response, while Attorney-General Dominic Ayine is reportedly reviewing legal aspects of the matter.

Allegations of $32 Million Fraud and Romance Scams

While the precise basis for the arrest remains officially undisclosed, allegations linking the legislator to an alleged $32 million financial crime and “romance scam” investigation have circulated widely in sections of the media. This is not the first time Frimpong has faced such allegations. In 2025, he was reported to have been arrested in the UK over similar claims, which he flatly refuted at the time.

Political Upset Turned Parliamentary Alignment

Ohene Kwame Frimpong entered Parliament after securing a major upset victory in the 2024 parliamentary elections as an independent candidate in the Asante Akyem North Constituency, defeating incumbent Andy Appiah-Kubi of the New Patriotic Party. He polled 26,926 votes (70.25%), while Appiah-Kubi secured 8,933 votes (23.31%). Following his election, Frimpong aligned with the Majority Caucus in Parliament despite contesting as an independent.

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Ghana News

Mahama Chairs Meeting on Constitution Review, ECG Maintenance Across Tema, Ashanti & Western Regions, 6 New Mpox Cases and Other Big Stories in Ghana Today

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We have curated the most relevant and impactful stories from across Ghana today, covering politics, security, power supply, health, telecommunications, and crime to keep you informed.


Mahama Chairs Crucial Cabinet Meeting on Constitution Review

President John Dramani Mahama is today chairing a special Cabinet meeting to deliberate on the long-awaited Constitution Review recommendations. The session, which follows extensive legal scrutiny by the Attorney General and the President’s legal team, will consider a draft position paper outlining the government’s stance on proposed amendments. Government Spokesperson Felix Kwakye Ofosu noted that not all recommendations will be accepted wholesale — some may be modified or rejected based on feasibility and national interest.

Once Cabinet approves the document, it will be made public, paving the way for the establishment of an Implementation Committee, public sensitization, and subsequent legislative or referendum processes. The exercise is expected to shape Ghana’s democratic framework for years to come. Read the full story here.

Defilement Suspect Found Dead in Police Cell at KEEA

A 38-year-old carpenter, Emmanuel Cudjoe, who was arrested on Sunday, May 10, 2026, for allegedly defiling his 11-year-old stepdaughter, has been found dead in a police cell at Egyeikrom in the Komenda-Edina-Eguafo-Abrem (KEEA) Municipality of the Central Region. Police suspect suicide, as the suspect was found hanging with a strip of fabric from a blanket in the cell on the same day of his arrest.

No signs of physical assault were observed on the body. The body has been deposited at the Cape Coast Teaching Hospital morgue, and investigations are ongoing. Read the full story here

ECG Announces Major Power Maintenance Across Tema, Ashanti & Western Regions

The Electricity Company of Ghana (ECG) has scheduled extensive planned and emergency maintenance works across the Tema, Ashanti, and Western Regions for Thursday, May 14, 2026. Power supply will be disrupted from 9:00 am in multiple communities, with durations ranging from 5 to 9 hours. Affected areas include several estates and commercial zones in Tema, numerous communities in Kumasi and surrounding districts in Ashanti, and parts of the Western Region.

The exercises are necessary to upgrade infrastructure and address faults, such as the recent underground cable issue on the Bantama Feeder. ECG has apologized for the inconvenience and urged consumers to plan accordingly. Read the full story here.

Ghana Records 6 New Mpox Cases, Total Now 1,070

Ghana has recorded six new cases of Mpox, bringing the total confirmed infections to 1,070 since the outbreak began, according to the Ghana Health Service (GHS). The new cases were reported as of May 10, 2026, showing a relatively slow transmission rate compared to earlier periods.

Health authorities continue to urge the public to maintain good hygiene, report symptoms promptly, and seek medical attention at the nearest health facility if they experience fever, rash, or other related signs. Read the full story here.

Fibre Cuts Surge Dramatically as Telco Industry Reaches Breaking Point

The telecommunications industry in Ghana is facing severe challenges as annual fibre cuts have skyrocketed from around 400 to over 8,000. Industry players warn that this surge is threatening service quality, increasing operational costs, and putting the sector under immense pressure. Read the full story here.

Asante Akyem North MP Linked to $215m Wire Fraud & Money Laundering Syndicate

New details have emerged linking Asante Akyem North MP Ohene Kwame Frimpong (OK Frimpong) to an alleged international wire fraud and money laundering syndicate that defrauded victims of approximately $215 million across 47 US states and 19 countries. Court documents from the US Department of Justice detail how the syndicate hacked emails and used shell companies to move funds.

Several Ghanaians, including the MP, are allegedly connected to accounts that received and transferred substantial sums from the scheme. The MP was recently detained in the Netherlands in connection with the investigations. Read the full story here.

Dafeamekpor Outlines Timeline for New Legal Education System Rollout

Majority Chief Whip Rockson-Nelson Dafeamekpor has provided a timeline for implementing Ghana’s new legal education reforms following the passage of the Legal Education Reform Bill. Plans are underway to quickly establish the Legal Education Council, appoint a Director-General and Registrar, and begin accrediting institutions.

Provisional licences for interested institutions are expected by July 2026, with admissions potentially starting in August and the new academic year in September. Read the full story here.

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