Close Menu
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Police Officer Beaten by group of Muslim at Obetsebi Lamptey Interchange After Stopping One-Way Driver.

March 21, 2026

GBC unions end three-day picketing, demand leadership accountability

March 21, 2026

‘Resistance Economy in Light of National Unity, Security’: Leader announces slogan of New Year

March 21, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Pinterest
  • Home
  • News

    The Ghana Tertiary Education Commission(GTEC) has provided an update on the status of the Royal Nursing College in Tafo Nhyiaeso,Kumasi,

    March 20, 2026

    Gov’t defends GH₵1 fuel levy, rejects Minority’s call for abolition

    March 19, 2026

    Ghana to table historic UN Resolution declaring transatlantic slave trade gravest crime against humanity

    March 19, 2026

    “We Will Curse You with ‘Nananom Abosom’ (ancestral gods) If You Don’t Pay Us By March” — Cocoa Farmer Drops Strong Warning To Mahama.

    March 19, 2026

    President John Dramani Mahama has conducted an inspection of the 80-kilometre Jinijini–Sampa Road project

    March 19, 2026
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV
Home»News»High Court enforces UK judgment against Cheddar over US$14.9m debt
News

High Court enforces UK judgment against Cheddar over US$14.9m debt

SAMUELBy SAMUELJanuary 23, 20262 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The High Court (Commercial Division) in Accra has enforced a judgment issued by the High Court of England and Wales against businessman Nana Kwame Bediako, popularly known as Cheddar, ordering him to pay more than US$14.9 million plus interest and costs to Cola Holdings Limited, a UK-based company.

According to a notice published in the Daily Graphic on Thursday, January 22, 2026, the foreign judgment was formally registered in Ghana on May 20, 2025, following an application by Cola Holdings Limited to have the English court’s decision recognised and enforced locally.

The case, filed at the High Court’s Commercial Division in Accra, stems from a judgment originally delivered by Deputy Master Sabic KC of the High Court of England and Wales on January 23, 2025, with subsequent variations granted in March and April 2025. Once registered, the judgment became legally binding and enforceable in Ghana.

The court has ordered Nana Kwame Bediako to pay US$14,928,314.70 as the principal judgment debt, together with interest at a rate of eight percent per annum, calculated from January 23, 2025, until full payment is made.

As of December 23, 2025, the accrued interest alone amounted to US$1,092,834.64.
In addition, the court awarded GH₵15,000 in legal costs to Cola Holdings Limited.

At the prevailing Treasury exchange rate of GH₵16.15 to the US dollar, the total amount due, including interest and costs, translates to approximately GH₵258.76 million, according to figures contained in the court notice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Avatar photo
SAMUEL
  • Website

Related Posts

The Ghana Tertiary Education Commission(GTEC) has provided an update on the status of the Royal Nursing College in Tafo Nhyiaeso,Kumasi,

March 20, 2026

Gov’t defends GH₵1 fuel levy, rejects Minority’s call for abolition

March 19, 2026

Ghana to table historic UN Resolution declaring transatlantic slave trade gravest crime against humanity

March 19, 2026
Don't Miss
General News

Police Officer Beaten by group of Muslim at Obetsebi Lamptey Interchange After Stopping One-Way Driver.

A police officer on traffic duty at the Obetsebi Lamptey Interchange was reportedly assaulted by…

GBC unions end three-day picketing, demand leadership accountability

March 21, 2026

‘Resistance Economy in Light of National Unity, Security’: Leader announces slogan of New Year

March 21, 2026

Hezbollah hits Israeli military air base near Tel Aviv

March 21, 2026
Demo
Top Posts

Misinformation fuelling galamsey tensions – Security Consultant warns

September 13, 2025

Heartbreak For Ghana As Morocco Wins Penalty Shootout To Reach WAFCON Final

July 27, 2025

Versatile Jeffery Schlupp Targets English Premier League Promotion With Norwich City

July 27, 2025

Ghana Clinch WAFCON Bronze After Penalty Drama Against South Africa

July 27, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

  • Home
  • News

    The Ghana Tertiary Education Commission(GTEC) has provided an update on the status of the Royal Nursing College in Tafo Nhyiaeso,Kumasi,

    March 20, 2026

    Gov’t defends GH₵1 fuel levy, rejects Minority’s call for abolition

    March 19, 2026

    Ghana to table historic UN Resolution declaring transatlantic slave trade gravest crime against humanity

    March 19, 2026

    “We Will Curse You with ‘Nananom Abosom’ (ancestral gods) If You Don’t Pay Us By March” — Cocoa Farmer Drops Strong Warning To Mahama.

    March 19, 2026

    President John Dramani Mahama has conducted an inspection of the 80-kilometre Jinijini–Sampa Road project

    March 19, 2026
  • Sports
  • Business
  • Entertainment
  • Health
  • Politics
  • Lovinghana TV
  • Global News
  • LIVE TV
© 2026 Loving Ghana News. Designed by King Bygone's Media.

Type above and press Enter to search. Press Esc to cancel.