A shocking court ruling has just been handed down, and it's making waves in the business world. Nana Kwame Bediako, the renowned Cheddar, has been ordered to pay a staggering US$14.9 million debt! But here's where it gets controversial...
Nana Kwame Bediako, a well-known figure in Ghana and a 2024 presidential candidate for the New Force, has found himself in a legal battle with Cola Holdings Limited, a UK-based company. The High Court in Accra has ruled in favor of Cola Holdings, demanding Bediako pay over US$14.9 million, plus additional costs and interest.
According to reports, this judgment stems from a decision made by the High Court of England and Wales, which was then registered in Ghana in May 2025. The original ruling, delivered by Deputy Master Sabic KC, included an award of GH₵15,000 in legal costs to Cola Holdings.
At the time of the ruling, the total amount due, including interest and costs, was approximately GH₵258.76 million, which is equivalent to over US$15 million at the prevailing exchange rate. And this is the part most people miss: the debt continues to grow as interest accrues daily.
The court also granted an order for substituted service, ensuring that Bediako received the judgment. This involved posting copies at his residence, on the High Court notice board, and through a publication in the Daily Graphic.
As of December 23, 2025, the interest alone had accumulated to a substantial US$1,092,834.64. The total debt, including the principal amount and interest, is subject to further increase until it's fully settled.
This ruling has sparked a lot of discussion and debate. What are your thoughts on this high-profile case? Do you think the court's decision was fair, or is there more to the story? Feel free to share your opinions and engage in a respectful discussion in the comments below!
