Accra: Court documents and company records filed at the Office of the Registrar of Companies have identified Joana Quaye as a co-founder and shareholder of Quick Credit, now known as Bills Micro Credit. The documents emerged from the ongoing legal dispute involving businessman Richard Nii Armah Quaye over ownership and marital property issues linked to the company.
According to Ghana Web, company searches dated April 13, 2026, and attached to an injunction application pending appeal, reveal that Joana Quaye held a 10 percent stake in the company at the time of its incorporation. The records indicate that she owned 100,000 shares, while Richard Nii Armah Quaye held 900,000 shares, representing 90 percent of the company's total shares.
The report added that filed processes before the Family Court also claim that Joana Quaye played a significant role in financing the establishment of the company. The Law Platform stated that according to the affidavit evidence addressed to Joana Quaye's legal team, Dame and Partners, she allegedly funded Richard Quaye's travel and education in the United Kingdom and provided the seed capital used to establish Quick Credit after his return to Ghana.
The court filings further stated that Quick Credit, now Bills Micro Credit, later expanded into other businesses and acquired several luxury vehicles registered in the company's name. The documents also allege that Richard Quaye later transferred Joana Quaye's shares and ownership interest in the company without her consent and without a court order.
According to the filings before the court, Joana Quaye is seeking legal protection to prevent the transfer or disposal of properties and assets connected to the marriage and the business while the case remains unresolved.