Ghanaian businessman and founder of the New Force movement, Nana Kwame Bediako, popularly known as Cheddar, has reportedly petitioned the UK High Court to overturn a $14.9 million judgment entered against him, alleging that a key document used in the case was forged.
Cheddar is challenging the validity of a deed of indemnity reportedly used to establish his liability in a loan repayment dispute involving Cola Holdings.
According to the businessman, he was in Nigeria when the document was allegedly signed in January 2018.
He has consequently raised concerns that his signature may have been used without his knowledge or consent.However, Cola Holdings maintains that the deed of indemnity is valid and establishes Cheddar’s responsibility for his share of the outstanding loan repayment.
The legal dispute follows a $14.9 million judgment reportedly issued against Cheddar in January 2025, with the matter also becoming the subject of legal proceedings in Ghana.
