GHS40m Demand, Luxury Homes and Cars: New Details Emerge in RNAQ Divorce Case

Accra: Following recent developments in the divorce case between Ghanaian business mogul Richard Nii Armah Quaye (RNAQ) and his ex-wife, Joana Coffie, new court documents have surfaced online detailing fresh settlement negotiations between the two parties.

According to Ghana Web, RNAQ offered Joana Coffie a settlement package worth GHS2 million instead of the GHS50 million she is reportedly seeking from the court.

Beyond the cash offer, RNAQ also proposed handing over a three-bedroom house in Dansoman and a Mercedes-Benz E-Class saloon car in good condition to his ex-wife. The businessman further requested that all pending court cases and appeals filed by Joana be withdrawn to allow for an amicable settlement.

In response, lawyers for Joana Coffie, represented by Sory and Partners, raised concerns over ongoing appeals and disputes surrounding the alleged transfer of her shares in Quick Credit and Investment Micro-Credit Limited, now reportedly renamed Bills Micro Credit. They also brought up allegations of abuse and violence she allegedly suffered during the marriage. The legal team questioned what they described as 'an inequitable and unsatisfactory award' made by the High Court presided over by Justice Dorgu J.A., stating that RNAQ's proposal failed to adequately address key concerns relating to Joana's shares and broader issues arising from the marriage.

Based on the initial GHS2 million offer made by RNAQ, Joana Coffie, through her lawyers, declined the proposal but indicated her willingness to settle under revised terms. Joana is demanding GHS40 million as financial provision, two five-bedroom houses located in prime areas of Accra, such as East Legon, Cantonments, or Tse Addo, as well as two brand-new vehicles. Additionally, she proposes the payment of a sum of Thirty Thousand Ghana Cedis (GHS30,000) for all three children, being GHS10,000 per child, which she considers reasonable to cater for the many unplanned and unexpected expenses associated with raising a child in the current Ghanaian economy.