Nkonkonsa Celebrity Gossip From Africa
Per a report by the High Street Journal, Richard Amarh-Quaye, who founded Bills Micro Credit and owns several other businesses, may have his bank accounts frozen.
This is reportedly due to issues with his tax reports.
Sources say Amarh-Quaye is linked to 29 different companies and is being investigated because his tax filings don’t seem to match what he should be paying.
His accounts were frozen soon after his grand 40th birthday party, which sparked a lot of online chatter.
Some reports estimate the event cost up to $2 million.
Before this party, which had around 1,400 guests, Amarh-Quaye bought a private jet with his branding and a Bugatti Chiron car.
These purchases led to discussions in traditional and social media, with many questioning whether his wealth was legitimate.
At the moment, there’s no official information about when Amarh-Quaye’s accounts will be unfrozen or what actions the GRA will take next.
This issue is happening amid discussions about lifestyle audits, which began during former President John Dramani Mahama’s time.
These audits are expected to be a key part of the government’s National Anti-Corruption Programme.
They pay attention to people who seem to have more wealth than their declared income.
Lifestyle audits check if someone’s living standard matches what they report earning.
If there’s a big gap between the two, it could lead to suspicions of tax evasion, money laundering, or the misuse of public funds.
