High Court Enforces UK Judgment Against Nana Kwame Bediako (Cheddar) for Over US$14.9 Million

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 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
• Interest at a rate of 8% per annum, calculated from January 23, 2025, until full payment is made (accrued interest as of December 23, 2025, amounted to US$1,092,834.64)
• GH₵15,000 in legal costs awarded 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, with the figure continuing to increase as interest accrues.

The court also granted an order for substituted service, allowing the judgment to be served by:

• Posting copies at the respondent’s residence at 13 Avenue Lincoln, Osu
• Posting at the High Court notice board
• A one-time publication in the Daily Graphic

The notices are to remain posted for seven days.

This development marks a significant escalation in the legal battle against the businessman, who has been a prominent figure in Ghanaian business and politics. The enforcement of the foreign judgment now allows Cola Holdings Limited to pursue recovery of the debt within Ghana’s jurisdiction.