Court orders return of No. 1 Oxford Street Hotel to Keningston Residential Partners
An Accra High Court has directed the immediate restoration of the No. 1 Oxford Street Hotel to Keningston Residential Partners 1 Limited, effectively reversing the takeover of the property associated with businessman Nana Kwame Bediako, popularly known as Cheddar.
The Accra High Court has ordered the immediate return of the No. 1 Oxford Street Hotel to Keningston Residential Partners 1 Limited, reversing the takeover of the property by businessman Nana Kwame Bediako, also known as Cheddar. Justice John-Mark Nuku Alifo ruled that the July 23 takeover, carried out by Nii Amanor Dodoo and Cola Holdings Limited, was unlawful and breached Court of Appeal rules.
The court instructed the respondents to return the hotel's possession, keys, access codes, and financial records within a short timeframe. The restoration process will be overseen by the High Court Registrar. Additionally, Keningston Residential Partners 1 Limited is required to submit a joint inventory of the hotel's assets and undergo an audit of their financial accounts for the duration of the receivership. Despite the outcome, the case may still lead to further legal action.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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