The Commercial Division of the High Court in Accra has authorised UK-based Cola Holdings Limited and its appointed Receiver, Nii Amanor Dodoo, to secure police assistance in taking possession of the No. 1 Oxford Street Hotel in Osu, Accra.
The order, issued by Justice Samuel Faraday Johnson on July 21, followed an application by Cola Holdings and the Receiver, who informed the court that they had been unable to gain peaceful possession of the property despite efforts to do so.
Court documents indicate that Kensington Residential Partners 1 Limited, represented by one of its directors, Nana Kwame Bediako, popularly known as Cheddar, opposed the application. However, the court rejected the objections raised.
In its ruling, the court found that Cola Holdings had duly registered its security interest over the property with the Collateral Registry and had obtained the required Memorandum of No Objection to enforce its security. Justice Faraday Johnson further held that under the Borrowers and Lenders Act, 2020 (Act 1052), the lender was entitled to seek police assistance after being unable to obtain possession of the property without resistance.
The court also concluded that Kensington Residential Partners 1 Limited had failed to present sufficient evidence to warrant a refusal of the application.
Accordingly, the court granted leave for the issuance of a warrant of police assistance, enabling Cola Holdings and the Receiver to take possession of the hotel and proceed with the realisation of the security in accordance with the law.
Court records show that Tsatsu Tsikata and Tata Kosi Foliba appeared for Cola Holdings Limited and the Receiver, while Bobby Banson and Isaac Akerefie-Mensah represented Kensington Residential Partners 1 Limited.
The ruling is limited to the application for police assistance and does not determine any other substantive claims or disputes that may exist between the parties.
The decision forms part of an ongoing legal dispute concerning the enforcement of a security interest over the No. 1 Oxford Street Hotel. According to court records, Mr Dodoo was appointed Receiver by Cola Holdings under the Borrowers and Lenders Act after the company initiated steps to enforce its security over the property.
The dispute is linked to earlier proceedings relating to the enforcement in Ghana of a judgment of the High Court of England and Wales in favour of Cola Holdings Limited. In January 2026, Mr Bediako publicly maintained that he disputed liability under the foreign judgment and had instructed his legal team to challenge its enforcement before the Ghanaian courts.
He stated that the transaction stemmed from a financing facility obtained by Kensington Residential Partners 1 Limited from the International Finance Corporation. Mr Bediako also indicated that he had appealed the High Court’s decision on the registration of the foreign judgment and intended to pursue all available legal avenues to contest its enforcement.
