The Ghana Revenue Authority (GRA) is currently assessing Richard Nii-Armah Quaye, the founder of Bills Micro-Credit, on personal income tax.
Richard Quaye’s filed taxes and his expected tax obligations are the subject of the investigation, according to many media outlets on March 24, 2025. Although the precise sum being assessed is yet unknown, sources attest that the tax office uses this as part of regular compliance checks.
Despite some social media speculations, authorities confirm that there has been no freezing of Richard Quaye’s bank accounts throughout this process. The businessman, who is said to possess roughly 29 companies, is working with law enforcement to find a solution.
The evaluation comes after the GRA placed more emphasis on making sure firms and business executives were paying their taxes. It’s crucial to remember that unless they are taken to the enforcement steps, these reviews usually stay confidential. Regarding the ongoing evaluation, Richard Quaye, whose microfinance organization assists several Ghanaian companies, has refrained from making any public remarks.
Ghanaian Party Eclipses Lagos?
While Lagos, Nigeria, is renowned for its vibrant nightlife, top nightclubs, beach parties, live music, and “big Odogwu” spenders contributing to the electric atmosphere, attendees at Richard Nii-Armah Quaye’s 40th birthday party in Accra are suggesting a shift in the fun landscape.
Toke Makinwa, a popular Nigerian media personality, entrepreneur, and socialite, shared her experience on social media. Makinwa, who wasn’t just an attendee but also hosted the party, highlighted the warm reception she received from Ghanaians and her unforgettable night at Independence Square. Toke Makinwa posted, “Touched down in Accra to host #RNAQ40 last night… I thought we knew how to party in Lagos, but y’all did a thing in Accra! The warm welcome, as always, is everything! Me dɔ wo Ghana!” Videos that surfaced online showed approximately 20 Nigerian celebrity guests, including actors, musicians, and socialites, having an incredible time at the party.
The guest list included Mofe Damijo, Davido, Cubana Chief Priest, Rita Dominic, Ini Edo, Neo Akpofure, Swanky Jerry, Waje, and Enioluwa. Tanzanian music sensation, Diamond Platinumz, also graced the event with a performance. Touted as the biggest party in Ghana currently, Richard Nii-Armah Quaye’s 40th birthday party has since been discussed widely in the international media. The celebration featured performances from some of the continent’s biggest stars, a display of wealth including luxury cars, and four distinct sections at Independence Square that hosted 2,000 guests. The event is now being touted as the “party of the decade” in Ghana, solidifying its place as the biggest in Africa over the weekend.
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There should be a thorough assessment from GRA as planned