The Ghana Revenue Authority (GRA) has said it did not freeze bank accounts of Richard Nii Armah Quaye, the founder of Bills Micro Credit Ltd.
This comes on the back of reports that the authority had taken enforcement action against Mr.
Quaye.
In a press statement issued on Thursday, March 27, 2025, the GRA clarified that while a tax assessment of GH₵30 million has been raised against Quaye, no enforcement action, including the freezing of his accounts, has been taken. "The Authority has issued an assessment on him relating to his income taxes, but we have not commenced any enforcement action such as freezing his bank accounts," the statement said.
