Bills Micro Credit Limited has officially clarified its operational independence from the personal financial activities of its Board Chairman, Richard Nii Armah Quaye.
In a March press release, the company emphasised that it functions as a distinct legal entity and does not engage in funding or facilitating Mr. Quaye’s personal acquisitions or events.
The statement clarified that Richard Nii Armah Quaye is not the CEO of Bills Micro Credit Limited.
Instead, Romeo-Richlove Kweku Seshie serves as the Chief Executive Officer, leading a dedicated management team responsible for all operational and financial matters of the company.
The clarification follows recent public discussions linking Mr. Quaye’s personal affairs, including his birthday celebrations, to the company.
While acknowledging Mr. Quaye as its founder, chairman, and majority shareholder, the company firmly denied any financial involvement in his private expenditures.
“Bills Micro Credit Limited remains committed to upholding the highest standards of corporate governance, transparency, independence, and financial integrity,” the statement read.
The company reassured clients, partners, and stakeholders that any personal transactions by Mr. Quaye are entirely separate from its operations and obligations.
The management of Bills Micro Credit Limited concluded the release by expressing gratitude for the continued trust and support from its stakeholders.
Below is the statement.
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