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    You are at:Home»News»Cheddar Still Liable in Cola Holdings Debt Saga
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    Cheddar Still Liable in Cola Holdings Debt Saga

    Papa LincBy Papa LincJanuary 24, 2026No Comments2 Mins Read1 Views
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    Cheddar Still Liable in Cola Holdings Debt Saga
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    Attractive News Blog of Saturday, 24 January 2026

    Source: Andre Mustapha NII okai Inusah

    Businessman Nana Kwame Bediako, popularly known as Cheddar, is facing intensified criticism after his insistence that the multimillion-dollar judgment involving Cola Holdings Limited represents a shared business obligation rather than a personal debt.

    In his response to the enforcement order, Cheddar maintained that he held only a 50 percent stake in the venture and questioned why responsibility had been placed solely on him.

    However, legal practitioners point out that Ghana’s Commercial Division did not reopen the merits of the case but merely enforced an existing ruling from the High Court of England and Wales, which had already determined liability.

    Under international enforcement law, Ghanaian courts are bound to execute the judgment as delivered, regardless of internal partnership arrangements that were not upheld or recognised by the foreign court.

    Observers note that while Cheddar continues to dispute ownership structures publicly, no stay of execution or successful appeal has been announced to halt enforcement.

    With interest continuing to accumulate daily and substituted service already completed at his Osu residence and through national publication, analysts say the case has moved beyond public explanation and into a decisive legal phase — one that may ultimately define the outcome of one of the most high-profile corporate debt disputes in recent Ghanaian history.

    Writer’s Name: Andre Mustapha Nii Okai Inusah

    Popularly Known As: Attractive Mustapha

    Email: attractivemustapha@gmail.com

    Contact Number: 0244 259 564



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