Friday, 24 July

Court orders for a police-assisted takeover of Cheddar's No.1 Hotel at Osu

Crime
Cheddar's No. 1 Oxford Street Hotel, Osu, Accra

The Commercial Division of the High Court in Accra has granted a warrant of police assistance to UK-based Cola Holdings Limited and its appointed Receiver, Nii Amanor Dodoo, to take possession of No. 1 Oxford Street Hotel in Osu, Accra.

The order was made by Justice Samuel Faraday Johnson on 21 July, 2026, following an application by Cola Holdings and the Receiver, who told the court they had been unable to obtain possession of the property peacefully.

According to the court order, Kensington Residential Partners 1 Limited opposed the application through one of its directors, Nana Kwame Bediako, popularly known as Cheddar.

The court, however, dismissed the grounds raised in opposition.

In its ruling, the court held that Cola Holdings had registered its security interest over the property at the Collateral Registry and had obtained a Memorandum of No Objection to realise its security.

Justice Faraday Johnson further held that, under the Borrowers and Lenders Act, 2020 (Act 1052), the company was entitled to seek police assistance after failing to obtain possession of the property without resistance.

The court also found that Kensington Residential Partners 1 Limited had not placed sufficient evidence before it to justify refusing the application.

It consequently granted leave for a warrant of police assistance to enable Cola Holdings and the Receiver to take possession of the property and realise the security in accordance with the law.

Tsatsu Tsikata and Tata Kosi Foliba represented Cola Holdings and the Receiver, while Bobby Banson and Isaac Akerefie-Mensah appeared for Kensington Residential Partners 1 Limited.

The order relates solely to the application for police assistance and does not determine any other issues or claims that may arise between the parties.

Background to the dispute

The ruling forms part of an ongoing legal dispute over the enforcement of a security interest in the hotel.

Court records show that Mr Dodoo was appointed Receiver by Cola Holdings under the Borrowers and Lenders Act after the company took steps to realise its security over the property.

The matter follows earlier proceedings connected to the enforcement in Ghana of a judgment of the High Court of England and Wales involving Cola Holdings.

In January 2026, Mr Bediako publicly stated that he disputed liability under the judgment and had instructed his lawyers to challenge its enforcement in the Ghanaian courts.

He said the transaction related to a facility he claimed had been obtained by Kensington Residential Partners 1 Limited from the International Finance Corporation.

He also said he had appealed a High Court decision on the registration of the foreign judgment and intended to pursue all available legal remedies.

Source: classfmonline.com