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High Court Orders Police-Assisted Takeover of Nana Kwame Bediako’s No. 1 Oxford Street Hotel Over US$14.9 Million Debt
A High Court in Accra has authorised police assistance for UK-based Cola Holdings Limited and its Receiver, Nii Amanor Dodoo, to take possession of Nana Kwame Bediako’s No. 1 Oxford Street Hotel over an outstanding debt exceeding US$14.9 million. The order follows the company’s inability to peacefully enforce its security interest after the court recognised its debt claim.