Ghana News
Ex-Wife of Ghanaian Businessman RNAQ Seeks Court Order to Freeze Multi-Million Assets
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
Ghana’s Nationwide Flood Clean-Up Kicks Off with Slow Start
ACCRA, Ghana – July 10, 2026 – A two-day nationwide clean-up exercise across seven flood-ravaged regions began Friday morning sluggishly.
Authorities have been urging residents, businesses, and institutions to ramp up participation as teams work to clear refuse, desilt choked drains, and restore public spaces following recent devastating floods.
The exercise, which commenced at 6:00 am local time, will run until 1:00 pm and resume on Saturday, July 11, during the same hours. While early-morning activity in several metropolitan areas was initially subdued, officials report that momentum is gradually building as local assemblies, waste management contractors, security services, and volunteer groups deploy to designated hotspots.
According to the government’s outlined schedule, the first day focuses on Ministries, Departments and Agencies (MDAs), Metropolitan, Municipal and District Assemblies (MMDAs), public and private institutions, educational bodies, and waste management firms.
Saturday’s phase will pivot toward community-led efforts, tapping into residents, traditional authorities, and volunteer networks to drive localized clean-up at the grassroots level.

In a bid to maximize turnout, non-essential shops, markets, and commercial establishments within the seven affected regions have been ordered to shut their doors from 6:00 am to 1:00 pm on both days, with exemptions granted only to essential and emergency service providers.
The Ministry has called on transport operators, religious groups, and corporate entities to actively back the initiative, framing it as a critical step toward restoring safe, hygienic communities after the flooding crisis.
Greater Accra, the epicenter of the recent deluge, hosts the bulk of the operation, with authorities identifying 104 flood-prone and affected locations across 17 assemblies. Key areas include, Ga South (Tetegu, STC, Mallam East, New Weija), Ga Central (Awoshie, Kolegu, Israel, A-Land), Ga North (Pokuase Footbridge, Ofankor Barrier), and Ga East (Dome Market, Abokobi Drain). In the capital’s core, heavy machinery and manual crews are converging on major drainage arteries such as Alajo, Kokomlemle, Pig Farm, Mamobi, Nima Highway, the Kanda stretch to Kawukudi, and the 37 Hospital corridor. Coastal communities like Teshie-Nungua, Prampram, Sege, and Tema West’s industrial and residential zones are also actively participating.
Despite the tepid start, authorities remain optimistic that participation will surge as the morning progresses, setting the stage for an even more robust community-driven effort on Saturday.
The exercise represents the government’s most visible response to the recent flooding emergency, mobilizing public administration and local governance structures to tackle the immediate environmental and health hazards facing affected populations.
Ghana News
Top 10 Newspaper Front Page Headlines in Ghana Today: Friday, July 10, 2026
Top 10 news stories on Ghanaian newspaper front pages dated Friday, July 10, 2026.
1. GHC350m Contingency Fund Release Controversy
- Appears in: The New Publisher, The Ghanaian Publisher, The Custodian, The Chronicle
- Summary: The Attorney General is under fire for allegedly instructing the Bank of Ghana to release GHC 350 million from the frozen Contingency Fund for flood relief, despite a court order blocking it. The Minority in Parliament is demanding a probe and blasting the AG’s “lawless” approach.
2. Abu Trica Extradited to US Over $8m Romance Scam
- Appears in: Daily Guide, Ghanaian Times, The New Publisher
- Summary: Socialite Abu Trica has been extradited to the United States to face charges related to an alleged $8 million romance fraud scheme. The extradition happened despite a lack of a court order reversing the decision on the Black Volta project (mentioned in related coverage).
3. GJA Gives NDC Chairman Seven Days to Apologise Over Obaatanpa Radio Attack
- Appears in: Supreme, Daily Guide
- Summary: The Ghana Journalists Association (GJA) has given the Central Regional Chairman of the NDC a seven-day ultimatum to apologise for an attack on Obaatanpa Radio. The incident has sparked significant backlash.
4. Gomoa East NPP Rallies Behind Francis Mensah for Chairman
- Appears in: Supreme, The Ghanaian Publisher, The Custodian, The Metro Lens
- Summary: The Gomoa East Constituency of the NPP is rallying to elect Francis Mensah as the next Constituency Chairman. This grassroots movement is a major story across multiple papers.
5. Azumah Resources Denies Reversal of Black Volta Project Ownership
- Appears in: News Centa, The Chronicle, Daily Guide
- Summary: Azumah Resources Ghana Ltd has refuted false media reports claiming that an ICC ruling reversed the acquisition of the Black Volta project. They insist they still own the project, calling the reports “a big lie.”
6. Amankwaa Donates GHC 100,000 Seed Fund to Ayawaso West NPP
- Appears in: Supreme, News Centa
- Summary: Samuel Owusu Amankwaa has donated GHC 100,000 as a seed fund to the Ayawaso West Wuogon NPP constituency ahead of the election of new executives.
7. North Dayi Boils Over: “Joycelyn Must Go” Protests
- Appears in: Supreme
- Summary: Residents of North Dayi are up in arms, with protests erupting under the banner “Joycelyn Must Go.” The protesters are chanting “Enough is Enough” over local grievances.
8. NHIA Cracks Down on Illegal Charges in Eastern Region
- Appears in: The Metro Lens
- Summary: The National Health Insurance Authority (NHIA) has launched a crackdown on illegal charges being imposed on patients in the Eastern Region. The NHIA Boss is leading the effort.
9. $208m Methamphetamine Scandal
- Appears in: The Ghanaian Publisher, The Custodian
- Summary: An MP is demanding the prosecution of officials involved in a $208 million methamphetamine scandal. There are also calls for the government to name officials implicated, with accusations of a cover-up.
10. National Sanitation Exercise and Flood Recovery Clean-Up
- Appears in: Supreme, The Punch, The New Publisher, News Centa
- Summary: A nationwide clean-up exercise is underway to aid flood recovery, with various political figures and MCEs rallying residents to participate. The exercise is scheduled for the weekend, with a focus on recovery from recent floods.
Ghana News
President Mahama Backs Tighter Checks on His Own Office in Upcoming Constitution Vote
President John Dramani Mahama has announced that Ghana’s Cabinet will meet on Friday, July 10, 2026, to finalise the government’s position paper on constitutional reform.
The process is expected to recommend significant curbs on executive power, including tighter checks on the presidency itself.
The reforms stem from a year-long nationwide consultation conducted by the eight-member Constitutional Review Committee (CRC), chaired by Professor Henry Kwasi Prempeh, which submitted its final report to the President in December 2025.
The committee’s report, titled “Transforming Ghana: From Electoral Democracy to Developmental Democracy,” addressed perennial governance challenges and recommended measures to strengthen institutional checks and balances.
Speaking at the Jubilee House on Tuesday during a farewell ceremony for Switzerland’s outgoing Ambassador to Ghana, Simone Giger, President Mahama confirmed that significant progress had been made.
“I am pleased to inform you that we have made significant progress. Cabinet is scheduled to meet on Friday to finalise the Government’s Position Paper on the Constitutional Review,” President Mahama said.
He explained that once Cabinet concludes its work, the Legal Counsel and the Attorney-General would take one or two weeks to consolidate the document. It would then be handed over, together with the CRC’s report, to the Constitutional Review Implementation Committee to begin implementation.
President Mahama described the 1992 Constitution as one of the finest Ghana has ever had, noting that it had provided the foundation for the Fourth Republic — the longest-serving republic in the country’s history.
“We therefore believe that any amendments to the Constitution should strengthen it further and ensure that it remains a living document capable of serving Ghana effectively for the next three decades and beyond,” he said.
The Constitutional Review Committee’s recommendations are understood to include proposals to separate the Executive from the Legislature — preventing Members of Parliament from being appointed as ministers — as well as measures to decentralise power and enhance accountability.
The committee also recommended amendments to Chapter 25 of the Constitution to introduce a third route for amending entrenched provisions.
Ambassador Giger, who has supported the constitutional reform process throughout her four-year tenure in Ghana, welcomed the progress.
“We have always rooted for Ghana because we genuinely believe that constitutional reform is central to the country’s future development,” she said, adding, “If Ghana succeeds in adopting a truly people’s constitution, one that decentralises power, strengthens checks and balances on the Executive, and incorporates the many important reforms currently under consideration, I believe the future of this country will be exceptionally bright.”
President Mahama also used the occasion to acknowledge Switzerland’s support for Ghana’s small and medium enterprises, particularly in agro-processing and agribusiness, an area he described as one of the missing links in the country’s agricultural value chain.
The constitutional review process, initiated in 2025, follows two previous attempts that failed to build sufficient consensus for significant change.
The government has pledged to establish the Constitutional Review Implementation Committee to oversee the roll-out of the reforms.
Once the position paper is finalised and consolidated, it will be made public and subjected to the necessary constitutional and parliamentary scrutiny.
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