IFC loan: Nana Bediako returns to UK court over $14.9m judgment against him

Former Ghanaian statesmanlike candidate, Nana Kwame Bediako, popularly known arsenic Cheddar, has returned to the United Kingdom, UK, High Court to situation a $14.9 cardinal judgement against him successful a spot quality with Cola Holdings Limited.

Bediako is seeking to overturn the January 2025 judgment, which recovered that a deed of indemnity utilized successful the lawsuit contained a signature helium claimed helium neither authorised.

The quality centres connected an $18 cardinal indebtedness obtained from the International Finance Corporation, IFC, to concern the improvement of No. 1 Oxford Street, a 108-unit serviced flat analyzable successful Accra.

Cola Holdings had argued that Bediako was liable for paying fractional of the outstanding indebtedness erstwhile it was called successful April 2023, starring to the judgement against him.

However, successful a caller assertion filed by his lawyers, Bediako alleged that his signature was electronically inserted into the disputed papers without his knowledge.

He claimed that helium was successful Nigeria erstwhile the disputed papers was signed.

The person besides questioned the relation of his erstwhile enforcement assistant, Reginald Sittie, who reportedly received a Rolex ticker from Azad Cola successful 2018.

Although Bediako's ineligible squad said it was not alleging bribery, it argued that the acquisition raised questions astir the narration betwixt the 2 men.

Bediako is asking the tribunal to acceptable speech the judgement and grant him compensation for losses arising from the ruling.

However, Cola Holdin...