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Nana Kwame Bediako Responds to $14.9 Million Debt Case, Announces Appeal Against High Court Enforcement of UK Judgment

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Prominent Ghanaian businessman and political figure Nana Kwame Bediako, widely known as Cheddar, has firmly denied personal responsibility for a $14.9 million debt.

He is asserting that he never directly contracted any loan from Cola Holdings Limited or received funds from the company. In a detailed statement issued on January 23, 2026, Bediako described the ongoing legal battle as rooted in a corporate transaction involving a company he co-owned, while accusing the creditor of procedural irregularities, fraud, and attempts at unjust enrichment.

The controversy stems from a UK court judgment obtained by Cola Holdings Limited against Bediako personally, which Ghana’s High Court in Accra recently enforced through registration as a foreign judgment. According to earlier reports, the Accra High Court ordered Bediako to pay US$14,928,314.70 as principal, plus interest at eight percent per annum and associated costs, following what was described as a default judgment linked to an unpaid loan and guarantees.

Bediako clarified the facts in his statement to media houses: The underlying debt originates from a loan extended by the International Finance Corporation (IFC) to Kensington Residential Partners 1 Limited (KRP 1), a company whose shareholders include Bediako and Mr. Azad Cola, owner of Cola Holdings Limited. “I have not contracted any loan from Cola Holdings Ltd and Cola Holdings Ltd has not paid any money to me,” he emphasized.

He expressed surprise upon learning that Cola Holdings had pursued legal action against him personally in the United Kingdom to recover the corporate obligation. While attempting to engage in discussions, Bediako discovered that his instructed UK lawyers failed to file any defense, leading to the judgment. Upon notification of enforcement proceedings in Ghana, he directed his local counsel to challenge the registration on grounds of fraud and contravention of public policy.

Despite the High Court’s refusal to set aside the foreign judgment’s registration, Bediako confirmed that an appeal has been lodged against the decision. He has further instructed his lawyers to seek a stay of enforcement pending the exhaustion of all appellate remedies.

A key point raised by Bediako concerns alleged double recovery: Cola Holdings is simultaneously pursuing enforcement of the same US$14.9 million debt against KRP 1 in Ghanaian courts. “That is a clear case of unjust enrichment and an attempt to abuse the court process by seeking multiple recoveries of the same debt against different persons,” he stated. He also alleged that Cola Holdings failed to disclose these parallel Ghana proceedings to the UK court, constituting “fraudulent misrepresentation” that misled the foreign tribunal.

Bediako, President of the Kwarleyz Group—a conglomerate spanning real estate development (including Petronia City), construction, and civil society initiatives—reaffirmed his commitment to the rule of law. “I believe in the rule of law and the justice delivery system in Ghana,” he declared. “I am certain that after all the processes have been exhausted, truth will stand and no amounts of machinations by foreigners and their Ghanaian cohorts will derail my efforts to contributing my quota to the development of Ghana and Africa as a whole.”

The case has garnered significant public attention given Bediako’s high-profile status as a former independent presidential candidate in 2024, founder of the New Force movement, and vocal advocate for economic transformation and African liberation. It underscores broader themes of corporate governance, cross-border debt enforcement, and the protection of business interests in international transactions.

Legal proceedings remain active, with the appeal and related applications set to test the robustness of Ghana’s framework for recognizing and enforcing foreign judgments. Observers will monitor developments closely as they unfold in the courts.

For background on the initial High Court ruling, see the report: High Court Orders Cheddar to Pay Over $14.9 Million in Debt.

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Ghana News

WHO Hails Ghana’s New Heart Lab as Lifesaver in Battle Against Non-Communicable Diseases

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The World Health Organization (WHO) has welcomed the commissioning of a new Cardiac Catheterization Laboratory at the National Cardiothoracic Centre of Korle Bu Teaching Hospital, describing the facility as a “significant investment” in the fight against non-communicable diseases (NCDs) and a critical step toward saving lives.

President John Dramani Mahama officially inaugurated the state-of-the-art laboratory on July 9, 2026—sixteen months after a devastating fire destroyed the country’s previous catheterization laboratory, which had provided specialized cardiac diagnostic and interventional services since January 2017.

The new facility was reconstructed through the Ghana Medical Trust Fund, known as MahamaCares, a statutory fund established to finance specialized and high-cost treatment for chronic non-communicable diseases. The project aligns with the WHO’s strategy of strengthening countries’ capacity to prevent, detect, and manage NCDs, particularly cardiovascular diseases.

A Critical Gap Filled

The WHO noted that the recommissioning addresses a critical gap in Ghana’s healthcare system at a time when non-communicable diseases have become one of the country’s leading public health challenges.

“As Ghana faces a growing burden of NCDs, particularly cardiovascular diseases, this laboratory will improve timely diagnosis, expand cardiac care, and save lives,” the UN health agency stated.

Globally, NCDs account for 41 million deaths every year, representing nearly three-quarters of all deaths worldwide. More than 85% of premature NCD deaths occur in low- and middle-income countries, according to the WHO.

The burden is similarly high in Ghana, where non-communicable diseases are estimated to account for about 45% of all deaths, driven largely by cardiovascular diseases, diabetes, cancers, and chronic respiratory illnesses.

WHO’s Longstanding Support

The WHO has supported Ghana’s response through several initiatives, including the Ghana STEPS Survey 2023—a nationwide assessment of NCD risk factors co-funded by the governments of the United Kingdom and Norway—and the implementation of the WHO Package of Essential Noncommunicable Disease Interventions (PEN).

The PEN program seeks to strengthen primary healthcare by improving early diagnosis, standardizing treatment protocols, and enhancing referrals for patients with chronic diseases.

What the New Lab Means for Patients

The new catheterization laboratory is expected to significantly improve the diagnosis and treatment of cardiovascular diseases, addressing longstanding challenges including:

  • Limited specialized equipment
  • Delayed emergency cardiac care
  • Inconsistent clinical management
  • Inadequate monitoring of patients across different levels of the health system

For thousands of Ghanaians living with heart conditions, the facility represents more than just infrastructure—it offers a second chance at life, reducing the need for costly and often inaccessible overseas medical treatment.

A Broader Commitment

The commissioning marks a significant boost to Ghana’s capacity to deliver advanced cardiac care and reflects broader efforts to strengthen the country’s response to the growing burden of non-communicable diseases. As NCDs continue to rise across Africa, Ghana’s investment in specialized cardiac infrastructure offers a model for other nations grappling with the double burden of infectious and chronic diseases.

The new laboratory stands as a testament to what can be achieved when political will, international partnerships, and domestic health financing converge—a life-saving facility rebuilt from the ashes, ready to serve a nation determined to fight back against its deadliest silent killers.

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Ghana News

From Floods to Action: Ghana’s President Unveils Monthly Cleanup Plan

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President John Dramani Mahama on Friday joined thousands of Ghanaians in a nationwide clean-up exercise across the flood-ravaged Accra Metropolis, using the occasion to announce a new policy that would set aside one day every month for community cleaning—a move aimed at transforming crisis response into sustained civic routine.

The two-day National General Cleaning Exercise, which began at 6:00 am on Friday and resumes on Saturday, targets seven flood-affected regions, with Greater Accra alone hosting 104 identified flood-prone locations. At Tse Addo, President Mahama inspected a newly desilted drain, pointing to the volume of plastic waste removed as evidence of the cause behind Ghana’s recurring flooding disasters.

“Clearly, we can see the cause of some of the challenges we face. We have just desilted this drain, and the amount of plastic waste removed from it tells the story,” the President observed. He noted that the quantity of sand and silt accumulated over several years had drastically reduced the drain’s capacity to carry water effectively.

A Systemic Failure Exposed

The President acknowledged that previous clean-up efforts had been undermined by poor disposal practices—silt removed from drains was often left by the roadside, only to be washed back in when the rains returned.

“As part of this exercise, we must ensure that after removing the silt, we have the necessary capacity to transport it away and dispose of it at appropriate locations,” he said, adding that consistent effort over the next year or two would restore the drains’ capacity.

Monthly Clean-Up: From Crisis to Routine

In a significant policy announcement, President Mahama stressed that the cleanup should not be a one-time activity but a continuous national effort, with at least one day set aside every month for communities to clean their surroundings. The proposal signals a shift from reactive disaster response to proactive environmental governance—a model that development experts say could offer lessons for other rapidly urbanizing nations across the Global South.

Plastic Waste: The Hidden Culprit

At Alajo, where the desilted drain forms part of the Odaw stream, the President revealed two major challenges: the accumulation of silt and the presence of plastics and household waste, including discarded building materials, old furniture and dining tables.

“Drains are not dumping grounds,” Mahama stressed, urging residents to make use of skip containers placed across the city for proper collection by waste management companies. His remarks connect Ghana’s flooding crisis to a global environmental emergency—plastic waste clogging urban drainage systems—a problem that resonates from Jakarta to Lagos.

Military Deployment and Funding

The President disclosed that the Minister of Finance had released GH¢150 million to support dredging of streams and other flood interventions. He announced that the Armed Forces would continue the dredging exercise even after the two-day national cleanup program ended, with additional backhoes to be provided to help remove silt and transport it to approved disposal sites.

“Without proper disposal, the same silt and garbage will be washed back into the drains when the rains return,” he warned.

A Warning Against Complacency

In a striking metaphor, President Mahama cautioned against complacency, saying the country must not “behave like the vulture that plans to repair its roof only after the rains have stopped”.

“We must act now. That is why it is important that we clear our drains and waterways,” he stressed.

The President attributed some of the current sanitation challenges to the pressures of urbanization, noting that traditional values around keeping the environment clean had, in some cases, been abandoned as a result of the anonymity that comes with city life. He called for a restoration of that discipline and commended traditional leaders, including Nii Ga, for their support in mobilizing residents.

What Happens Next

The two-day exercise, which requires non-essential shops, markets, and commercial establishments within affected regions to remain closed from 6:00 am to 1:00 pm, is expected to mobilize millions of citizens. Saturday’s phase will shift focus toward community-level activities, with residents, volunteer groups, traditional authorities, and waste management companies taking the lead.

For many Ghanaians, however, the biggest question is whether the monthly clean-up proposal will be sustained—or whether it will fade after the current crisis subsides. The answer may ultimately determine whether Ghana’s latest flood response becomes remembered as a turning point in environmental governance, or yet another missed opportunity.

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Ghana News

Ghana’s Nationwide Flood Clean-Up Kicks Off with Slow Start

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ACCRA, Ghana – July 10, 2026 – A two-day nationwide clean-up exercise across seven flood-ravaged regions began Friday morning sluggishly.

Authorities have been urging residents, businesses, and institutions to ramp up participation as teams work to clear refuse, desilt choked drains, and restore public spaces following recent devastating floods.

The exercise, which commenced at 6:00 am local time, will run until 1:00 pm and resume on Saturday, July 11, during the same hours. While early-morning activity in several metropolitan areas was initially subdued, officials report that momentum is gradually building as local assemblies, waste management contractors, security services, and volunteer groups deploy to designated hotspots.

According to the government’s outlined schedule, the first day focuses on Ministries, Departments and Agencies (MDAs), Metropolitan, Municipal and District Assemblies (MMDAs), public and private institutions, educational bodies, and waste management firms.

Saturday’s phase will pivot toward community-led efforts, tapping into residents, traditional authorities, and volunteer networks to drive localized clean-up at the grassroots level.

In a bid to maximize turnout, non-essential shops, markets, and commercial establishments within the seven affected regions have been ordered to shut their doors from 6:00 am to 1:00 pm on both days, with exemptions granted only to essential and emergency service providers.

The Ministry has called on transport operators, religious groups, and corporate entities to actively back the initiative, framing it as a critical step toward restoring safe, hygienic communities after the flooding crisis.

Greater Accra, the epicenter of the recent deluge, hosts the bulk of the operation, with authorities identifying 104 flood-prone and affected locations across 17 assemblies. Key areas include, Ga South (Tetegu, STC, Mallam East, New Weija), Ga Central (Awoshie, Kolegu, Israel, A-Land), Ga North (Pokuase Footbridge, Ofankor Barrier), and Ga East (Dome Market, Abokobi Drain). In the capital’s core, heavy machinery and manual crews are converging on major drainage arteries such as Alajo, Kokomlemle, Pig Farm, Mamobi, Nima Highway, the Kanda stretch to Kawukudi, and the 37 Hospital corridor. Coastal communities like Teshie-Nungua, Prampram, Sege, and Tema West’s industrial and residential zones are also actively participating.

Despite the tepid start, authorities remain optimistic that participation will surge as the morning progresses, setting the stage for an even more robust community-driven effort on Saturday.

The exercise represents the government’s most visible response to the recent flooding emergency, mobilizing public administration and local governance structures to tackle the immediate environmental and health hazards facing affected populations.

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