The Commercial Division of the High Court in Accra has cleared the way for UK-based Cola Holdings Limited and its appointed Receiver, Nii Amanor Dodoo, to take possession of the No. 1 Oxford Street Hotel in Osu with police assistance.
Justice Samuel Faraday Johnson granted the warrant on July 21 after the court was informed that efforts by Cola Holdings and the Receiver to obtain peaceful possession of the property had been unsuccessful.
The application was opposed by Kensington Residential Partners 1 Limited through one of its directors, Nana Kwame Bediako. However, the court dismissed the grounds advanced in opposition.
In granting the application, the court held that Cola Holdings had properly registered its security interest in the property at the Collateral Registry and had obtained a Memorandum of No Objection to realise the security.
The court further held that under the Borrowers and Lenders Act, 2020 (Act 1052), Cola Holdings was entitled to seek police assistance after being unable to take possession of the property without resistance.
Justice Faraday Johnson also found that Kensington Residential Partners 1 Limited had failed to present sufficient evidence to justify the refusal of the application.
The court consequently granted leave for the police to assist Cola Holdings and the Receiver in taking possession of the hotel and realising the security in accordance with the law.
The ruling, however, does not determine the merits of other claims, appeals or legal disputes between the parties.
The case forms part of a broader dispute over the enforcement of a security interest in the No. 1 Oxford Street Hotel.
Court records indicate that Mr Dodoo was appointed Receiver by Cola Holdings under the Borrowers and Lenders Act after the company initiated steps to realise its security over the property.
The dispute is also linked to earlier proceedings concerning the enforcement in Ghana of a judgment of the High Court of England and Wales involving Cola Holdings.
In January 2026, Mr Bediako publicly disputed liability under the judgment and said he had instructed his lawyers to challenge its enforcement before the Ghanaian courts.
He also stated that the underlying transaction involved a facility obtained by Kensington Residential Partners 1 Limited from the International Finance Corporation and that he had appealed a High Court decision relating to the registration of the foreign judgment.
The latest ruling is limited to the Receiver’s request for police assistance and does not determine the merits of any pending appeals or other proceedings involving the parties.
Tsatsu Tsikata and Tata Kosi Foliba represented Cola Holdings and the Receiver, while Bobby Banson and Isaac Akerefie-Mensah represented Kensington Residential Partners 1 Limited.
