Audio By Carbonatix
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.
Justice John-Mark Nuku Alifo, who presided over the case, ruled on Friday, August 21, 2026, that the July 23 takeover of the hotel by Nii Amanor Dodoo and Cola Holdings Limited was unlawful and contravened the rules of the Court of Appeal.
The court ordered the respondents to hand back possession of the property to Keningston Residential Partners 1 Limited without delay.
They were further instructed to return all keys and access codes to the hotel, as well as financial records, books and monies taken during the takeover.
Handover to be supervised by Registrar
Justice Nuku Alifo directed that the restoration of the property should take place under the supervision of the High Court Registrar.
As part of the process, the court ordered the parties to conduct a joint inventory covering the hotel, its assets and any other items currently in the respondents’ possession.
The respondents have also been given seven days to provide comprehensive financial accounts covering the period of the receivership.
The decision effectively nullifies the July 23 takeover and returns possession of the No. 1 Oxford Street Hotel to Keningston Residential Partners 1 Limited, although further legal proceedings related to the dispute may still follow.
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