The UK-based Cola Holdings Limited and its designated Receiver, Nii Amanor Dodoo, have been granted a police assistance warrant by the Commercial Division of the High Court in Accra to seize the No. 1 Oxford Street Hotel in Osu, Accra.
On July 21, Justice Samuel Faraday Johnson issued the order in response to an application by Cola Holdings and the Receiver, who told the court that they had been unable to peacefully take control of the property.
The court decision states that one of Kensington Residential Partners 1 Limited’s directors, Nana Kwame Bediako (also known as Cheddar), opposed the motion. But the court rejected the arguments put forward in opposition.
According to the court’s decision, Cola Holdings had received a Memorandum of No Objection to realize its security and had registered its security claim 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) after 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 evidence to support its denial of the application.
According to the court’s decision, Cola Holdings had received a Memorandum of No Objection to realize its security and had registered its security claim 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) after 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 evidence to support its denial of the application.
According to court documents, Bobby Banson and Isaac Akerefie-Mensah represented Kensington Residential Partners 1 Limited, while Tsatsu Tsikata and Tata Kosi Foliba represented Cola Holdings and the Receiver.
The order only addresses the request for police assistance; it makes no decisions about any other disputes or claims that could come up between the parties.
The enforcement of a security interest over the No. 1 Oxford Street Hotel is the subject of an ongoing judicial battle that includes the most recent verdict. According to court documents, Cola Holdings designated Mr. Dodoo as Receiver under the Borrowers and Lenders Act after the company’s actions to realize 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. Mr. Bediako publicly declared in January 2026 that he disagreed with the judgment’s liability and had given his attorneys instructions to contest its enforcement in Ghanaian courts.
According to him, the deal concerned a facility that Kensington Residential Partners 1 Limited had acquired from the International Finance Corporation. He said that he planned to pursue all possible legal remedies and that he had challenged a High Court ruling about the registration of the foreign judgment.
The current decision does not address the merits of any ongoing appeals or other proceedings between the parties; rather, it only addresses the Receiver’s request for police assistance.
Credit: Graphic.com.gh
