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“Put your money in assets; it’s better than the bank” – Cheddar advises 

News“Put your money in assets; it’s better than the bank” – Cheddar advises 

Nana Kwame Bediako, also known as Cheddar, a Ghanaian businessman and real estate mogul, has advised aspiring entrepreneurs to put their money in assets.

According to Cheddar, putting money in assets is sometimes better than in the bank.

Nana Kwame Bediako made this known when he was captured during a  brief street interview with The Venture Room.

Cheddar also disclosed some untapped global investment opportunities, particularly in Africa, where low-income housing, the industrial sector and real estate are goldmines.

Speaking during the interview, when asked about his line of work, he replied briefly, “Real estate.”

He described it as “a lucrative business,” but declined to disclose how much he has earned from it.

He advised, “If there is any advice I can give to people, put your money in assets. Sometimes it’s better than the bank”.

“If you want to invest in industry, I would say that Africa has the most critical minerals, petrochemicals, and all of that to invest in the industrial sector. If you want to invest in hotels, the best place is Europe because they have high tourism. If you want to invest in low-income housing, then it is Africa.”

“Everybody wants to be rich and successful, but first of all, you need to see how you can add value to people and society. By that, you’ll be significantly recognised,” he said.

In related news, renowned Ghanaian Prophet Telvin Sowah has said the leader of New Force, Nana Kwame Bediako, will be the president of Ghana.

Prophet Telvin Sowah, speaking on Ghana’s political future, made this revelation but did not disclose any timeline for his prophecy.

He confidently stated that Nana Kwame Bediako will one day become Ghana’s president.

Speaking on Accra FM in a video shared on TikTok, Prophet Telvin Sowah detailed, “Nana Kwame Bediako will become the president of Ghana; it is merged in time, Kennedy Agyapong will team up with Alan Kyeremanten to shake the NPP for 2032 and in that condition, they will still lose the elections”.

In other news, Ghanaian businessmen Daniel McKorley, popularly known as McDan, and Richard Nii Armah-Quaye have been cleared of any wrongdoing by the Financial Intelligence Centre (FIC).

The two Ghanaian businessmen have been cleared following detailed investigations into their financial transactions.

It will be recalled that the Financial Intelligence Centre (FIC) in March 2025 froze the accounts of the two entrepreneurs as part of a wider inter-agency probe into alleged financial irregularities.

According to FIC, the decision was taken in accordance with Section 56(1) of the Anti-Money Laundering Act, 2020.

After months of scrutiny, the FIC has unfrozen the accounts, restoring their full access to funds.

This was revealed by the Chief Executive Officer of the FIC, Kwadwo Twum Boafo, in an interview with Accra-based GHOne television.

Ing. Kwadwo Twum Boafo, in an interview with GHOne TV, stated, “McDan’s issue has been resolved. That is why I keep saying we don’t do personal vendettas. You can speak with him… His accounts are unfrozen.

“The accounts of Richard Nii Armah-Quaye were frozen, but they have been unfrozen now because there was a determination that there was no need for it to go forward,” Ing. Boafo said.

Ing. Kwadwo Twum Boafo detailed that both men cooperated fully with investigators during the process.

He explained, “He came here, sat down with us and gave a thorough explanation of what he does, and there was no problem. We deal with people fairly, there are no personal vendettas”.

He further detailed that the probe into the two Ghanaian businessmen was not politically motivated or targeted at specific individuals but was guided strictly by evidence and due process.

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