{
  "id": 1381372,
  "title": "Court dismisses Nana Kwame Bediako’s fresh bid to halt $14.9m judgment",
  "url": "https://urgent.news/2026/08/16/court-dismisses-nana-kwame-bediakos-fresh-bid-to-halt-14-9m-judgment",
  "topic": "world",
  "section": "World",
  "published": "2026-08-16T22:22:00.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/court-dismisses-nana-kwame-bediakos-fresh-bid-to-halt-14-9m-judgment/"
  },
  "original_language": "en",
  "account": "On July 27, 2026, the High Court in Accra, Ghana, dismissed a fresh application by Nana Kwame Bediako to halt a $14.9 million judgment against him. The court, led by Justice Awuah Dabanka-Bekoe, ruled against Nana Kwame Bediako and awarded GH¢20,000 in costs to Cola Holdings Ltd. The application, filed by Nana Kwame Bediako's lawyer Bobby Banson, sought an injunction while his appeal against a previous decision was being decided. The English judgment, issued on January 23, 2025, held Nana Kwame Bediako personally liable for US$14,928,314.70. Additionally, he was ordered to pay $3,271.96 daily from January 23, 2025, as interest on the sum, calculated at 8% per annum. The judgment was registered in Ghana on May 20, 2025. Nana Kwame Bediako had previously attempted to set aside the registration in November 2025, but his efforts were unsuccessful. The dispute arises from a loan taken by Kensington Residential Partners 1 Ltd, of which Nana Kwame Bediako and Azad Cola are shareholders, from the International Finance Corporation (IFC). Cola Holdings Ltd, which guaranteed the loan, ultimately settled the debt after the IFC requested repayment. However, Cola Holdings Ltd struggled to recover Nana Kwame Bediako's share of the repayment. Consequently, Cola Holdings Ltd pursued legal action in the London High Court, resulting in a judgment against Nana Kwame Bediako, which was then registered in Ghana. The latest ruling means Nana Kwame Bediako's attempt to prevent enforcement of the registered English judgment while his appeal is pending has been unsuccessful.",
  "summary": "The High Court (Commercial Division 3) in Accra has dismissed another application by Nana Kwame Bediako seeking to restrain Cola Holdings Ltd from enforcing a judgment against him.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}