Nana Kwame Bediako aka Cheddar
The fight for the possession of No. 1 Oxford Street Hotel located at Osu in Accra, has taken a different turn as a result of multiple legal tussles.
Businessman Nana Kwame Bediako, popularly known as Cheddar, has regained possession of the hotel following the reversal of possession granted to a British businessman, Azad Cola, over unsettled debts.
The court, presided over by Justice John-Mark Nuku Alifo, said the taking of possession of the hotel by the businessman and the receiver on July 23, 2026 was done in breach of Rule 27(3) of the Court of Appeal Rules, 1997 (C.I. 19) as substituted by the Court of Appeal (Amendment) Rules, 2020 (C.I. 132).
The court further ordered Azad Cola and the Receiver, Nii Amanor Dodoo, to deliver up possession to Cheddar immediately and hand over all keys, access codes, books, records and moneys of Cheddar taken into their possession or control on or after July 23, 2026.
“It is again ordered that delivery up shall be effected against a joint inventory taken by representatives of the Applicant and of the 1st Respondent under the supervision of the Registrar of this Court, a copy of which shall be signed by both parties and filed in the Registry of this Court within three (3) days thereafter,” the court also ordered.
It again ordered the Receiver, Nii Amanor Dodoo, to within seven (7) days of delivery up, “file in the Registry and serve upon the Applicant an account of the receipts and payments of the Receivership for the period from July 23, 2026 to the date of delivery up.”
Receiver Fights Back
Meanwhile, lawyers for Cola and the Receiver have filed an application for stay of execution of the order, arguing that Justice John-Mark Nuku Alifo, as a vacation judge in Commercial Court 2, had no jurisdiction over the application seeking to set aside the possession order which was in respect of a case in Commercial Court 6.
“It is not at all clear why His Lordship proceeded with hearing and ruling on an application which, according to the clear indication on the Judicial Service website, ought not to have been before him. Not having a warrant in respect of this suit, His Lordship had no jurisdiction in connection with it,” the application averred.
Debt Settlement
Cheddar has been locked in a debt resettlement issue with his business partner Azad Cola of UK-based Cola Holdings Limited for a period, leading the Brit to apply for leave to take possession of the prestigious hotel considered to be one of the most expensive in Ghana.
A High Court in Accra, on July 21, 2026, granted Cola Holdings Limited permission to take possession of Cheddar’s No. 1 Oxford Street Hotel located at Osu in Accra.
The court had previously appointed Nii Amanor Dodoo as the Receiver in Ghana and subsequently granted leave for a warrant of police assistance to enable Cola Holdings and the Receiver to take possession of the hotel and realise the security in accordance with the law.
Moments after the grant of the order, police officers were seen escorting the Receiver to take possession of the hotel, as steps are taken to recover what is rumoured to be a $24.9 million debt.
A huge notice in red has since been inscribed at the entrance of the hotel indicating “POSSESSION TAKEN BY COURT ORDER 23/07/2026.”
Reports suggest that guests at the hotel were relocated while workers have been told to stay away from the facility as the receiver has taken over management of the hotel.
BY Gibril Abdul Razak