The High Court (Commercial Division) in Accra has sanctioned substituted service of a foreign court judgment against businessman Nana Kwame Bediako, widely known as Cheddar, following the enforcement of a ruling that places his total financial exposure at more than US$16 million, inclusive of interest and legal costs.
The action arises from a judgment delivered by the High Court of England and Wales in favour of Cola Holdings Limited, a United Kingdom–based company. The ruling was formally registered in Ghana on May 20, 2025, giving it the same force and effect as a judgment issued by a domestic court.
According to a public notice published in the Daily Graphic on January 22, 2026, the original decision was handed down on January 23, 2025, by Deputy Master Sabic KC, with amendments effected in March and April 2025. Once registered, the judgment became fully executable within Ghana’s jurisdiction.
Under the terms of the ruling, Mr. Bediako is to pay a principal judgment debt of US$14,928,314.70. The court further ordered interest at eight percent per annum, calculated from January 23, 2025, until final settlement. By December 23, 2025, accumulated interest had reached US$1,092,834.64, substantially increasing the overall debt burden.
In addition, GH₵15,000 was awarded to Cola Holdings Limited as legal costs.
Using the Treasury exchange rate of GH₵16.15 to one US dollar, the total liability converts to approximately GH₵258.76 million, with the amount expected to escalate as interest continues to accrue.
Due to difficulties in effecting personal service, the court granted leave for substituted service, directing that notices of the judgment be posted at Mr. Bediako’s Osu residence, displayed on the High Court notice board, and published once in the Daily Graphic.
The notices are to remain in public view for seven days, marking a significant intensification of efforts to enforce the judgment against the businessman.