A court order allowing Cola Holdings to take possession of Cheddar’s No. 1 Oxford Street Hotel in Osu, Accra, was issued as a result of a dispute between Ghanaian businessman Nana Kwame Bediako, also known as Cheddar, who is a director of Kensington Residential Partners 1 Limited, and a debt they are allegedly owing UK-based Cola Holdings Limited.
The UK-based company and its designated Receiver in Ghana, Nii Amanor Dodoo, were granted a warrant of police assistance by the Commercial Division of the High Court in Accra on Tuesday [July 1, 2026] to seize the massive, imposing and beautiful white building next to the Dankwa Circle at Osu in Accra.
On July 21, Justice Samuel Faraday Johnson issued the order in response to an application filed by Cola Holdings and the Receiver, who told the court that they had been unable to peacefully take control of the property.
Kensington Residential Partners 1 Limited objected to the application through one of its directors, Nana Kwame Bediako (also known as Cheddar), according to the court decision (copy attached below).
But the court rejected the arguments put forth in opposition.
According to the court’s decision, Cola Holdings had received a Memorandum of No Objection to realise its security and had registered its security interest over the property at the Collateral Registry.
In addition, Justice Faraday Johnson ruled that the corporation has the right to request police help under the Borrowers and Lenders Act, 2020 (Act 1052) once it was unable to take control of the property without opposition.
Additionally, the court determined that Kensington Residential Partners 1 Limited had not presented enough proof to support its denial of the application.
In order to allow Cola Holdings and the Receiver to take control of the property and realise the security in compliance with the law, the court granted permission for a warrant of police assistance.
According to court documents, Bobby Banson and Isaac Akerefie-Mensah attended on behalf of Kensington Residential Partners 1 Limited, while Tsatsu Tsikata and Tata Kosi Foliba represented Cola Holdings and the Receiver.
The order does not address any other disputes or claims that might emerge between the parties; it only refers to the request for police assistance.
The enforcement of a security interest over the No. 1 Oxford Street Hotel is the subject of an ongoing legal dispute, which includes the most recent verdict.
According to court documents, Cola Holdings designated Mr. Dodoo as Receiver under the Borrowers and Lenders Act following the company’s actions to realise its security over the property.
The case comes after previous actions related to the implementation of a High Court of England and Wales ruling concerning Cola Holdings Limited in Ghana.
In January 2026, Nana Kwame Bediako, also known as Cheddar or Freedom Jacob Caesar publicly indicated that he disputed liability under the verdict and had asked his lawyers to contest its execution through the Ghanaian courts.
Mr. Bediako, who campaigned as an independent in Ghana’s 2024 presidential election, claimed that the deal concerned a facility that Kensington Residential Partners 1 Limited had acquired from the International Finance Corporation.
He added that he intended to pursue all possible legal remedies and that he had appealed a High Court ruling about the registration of the foreign judgement.
The current decision does not address the merits of any ongoing appeals or other processes between the parties; rather, it only addresses the Receiver’s request for police assistance.
Source: newsthemegh.com