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Joana Quaye, former wife of famous Ghanaian businessman, Richard Nii Armah Quaye alias RNAQ has filed a writ at the commercial division of the High Court seeking enforcement of her rights per her directorship, investments and ownership of Bills Micro Credit Limited since its founding in December 2011.
In her writ filed on her behalf by Messrs Dame & Partners, the Plaintiff-shareholder seeks the Court to undo what she terms as fraudulent transfers of her shares and stake in the company since its creation a decade and a half ago. In aid of her case, and per procedure rules, she thus endorses on her writ the particulars of fraud of the unlawful transfer of her shares without her consent.
In demonstrating fraud perpetrated by the 1st and 3rd Defendants on her in her part-ownership of the company, Mad. Joana quaye avers at paragraph 16 of her writ filed on the 10th day of June, 2026 as follows:
"a. It is not in doubt that plaintiff was the owner of 100,000 shares (10%) of the shares in Quick Credit and Investment Moneylending Company Limited.
b. The plaintiff has never agreed to a transfer of her shares to anybody.
Neither has she received any consideration for the purported transfer.
c. The 1s defendant executed a transfer of the plaintifl's shares through an instrument which was not the act or deed of the plaintiff.
d. The plaintiff has never signed any instrument or document transferring her shares to anybody including the 2nd defendant.
e. The 1st defendant, without any lawful authorisation by the plaintiff or excuse, made an instrument by which he assigned the shares of the plaintiff to the 2nd defendant.
f. The purported transfer of the plaintiff's shares was neither pursuant to any resolution stipulated by the Companies Act of Ghana nor in fulfilment of any of the requirements of Ghanaian law.
g. The purported alteration of the records of the company through the unlawful transfer of her shares and the unlawful entry of the 2nd defendant as a shareholder occurred as a result of a fake deed of transfer made by 1st defendant and the falsification of the plaintiff's signature."
8th Jun, 2026
3rd Jun, 2026
25th May, 2026
20th May, 2026
14th May, 2026
Account for profits and pay me with interest
Per her filed writ, the Plaintiff's divorce from her husband has officially ballooned into a full blown litigation over her stake in the company. This follows litigation in seeking her due in marital property distribution and the protection of her children from the influence of Mona Montrage alias Hajia 4reall, an ex-convict.
The Plaintiff thus seeks declarative reliefs from the commercial court that she holds 10% shares of the 3rd Defendant, Bills Micro Credit Limited and thus, entitled to 10% of profits of the company.
She further seeks the court to order her ex-husband and Bill Micro Credit, the crown jewel of the successes of Mr. Quaye to account to her all profit made since December 2011. She further seeks orders directed at RNAQ and Bills Micro Credit for the payment of her share of the profit with same at an interest rate of the prevailing bank rate.
Registrar to be ordered
The Office of the Registrar of companies is named as the 4th Defendant to the case of Mad. Joana Quaye. For the Registrar, she seeks orders directed at it for the removal from its records any registration of share ownership of the 2nd Defendant, One Kobina Awuah without her consent of share transfer.
On the directorship of the Company, she seeks orders against the registrar for removal of any entries of directorship of the company without due processes of appointment by way of a General meeting of Bills Micro Credit Limited which ordinarily ought to have included the Plaintiff.
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