Kate Quartey-Papafio is a Ghanaian female industrialist and entrepreneur best known as the founder and Chief Executive Officer of Reroy Cables Limited.
Reroy Cables Limited ranks as one of the leading manufacturers of electrical cables in Ghana.
Kate Quartey-Papafio Biography
Kate Quartey-Papafio lives a private life and as such information regarding her exact date of birth, siblings, education and childhood remain a mystery.
Kate Quartey-Papafio is, however, a Ghanaian by nationality.
Kate Quartey-Papafio family
Information regarding Kate Quartey-Papafio’s family is not available to the general public.
Kate Quartey-Papafio Capital Bank
Kate Quartey-Papafio alongside the CEO of the defunct Capital Bank, William Ato Essien and two others had been charged with stealing and money laundering in 2017. An alleged theft which has led to the collapse of Capital Bank.
According to the reports, Ato Essien and Kate Quartey-Papafio between June and August 2017 in Accra in the Greater Accra region had allegedly misappropriated a total of GH¢620 million liquidity support given to the bank by the Bank of Ghana (BoG).
However, Kate Quartey-Papafio has denied any wrongdoing and have pleaded not guilty to all the 26 charges levelled against her by the state. They were later granted a total of GH¢675 million bail in 2019 by the Accra High Court.
Kate Quartey-Papafio Net Worth
Kate Quartey-Papafio has a net worth estimated to be $250 million. This puts her on the list of the top 5 richest women in Ghana.