The Commercial Division of the High Court in Accra has authorized a receiver to take over the No. 1 Oxford Street Hotel. This decision was made on July 21.
Justice Samuel Faraday Johnson granted permission for the police to assist the receiver. The receiver is appointed by the court.
The hotel is located in Osu, Accra. It is a property associated with businessman Nana Kwame Bediako, who is widely known as Cheddar.
The court order allows the receiver, who is based in the UK, to take possession of the hotel. This action follows legal proceedings related to the property.
Details about the specific reasons for the takeover were not fully disclosed in the court filing. However, it relates to financial matters concerning the property.
The Ghana Police Service will provide the necessary support to ensure the receiver can execute the court's order smoothly.
This legal action represents a significant development regarding the ownership and control of the prominent Osu hotel.
Further actions by the receiver will be guided by the court's instructions.