
According to The High Street Journal, the bank accounts of Richard Amarh-Quaye, founder of Bills Micro Credit and proprietor of numerous other businesses have allegedly been frozen due to concerns surrounding inconsistencies in his tax declarations.
The news website reports sources close to the matter as having revealed that Amarh-Quaye, who is believed to be linked to 29 separate companies, has come under scrutiny for tax filings that do not correspond with the financial obligations he is expected to meet. The freezing of his accounts comes shortly after he held a lavish 40th birthday celebration, which has drawn widespread attention online. Some sources have estimated the event's cost to be as high as $2 million.
In response to the controversy, Bills Micro Credit issued a public statement clarifying its stance:
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