Osamede, the managing director of Ossiomo Power Company, stated that the management of Ossiomo Power Company, located in Ologbo, Edo State, has accused China Clean Energy Technology Company (CCETC) of attempting to undermine an ongoing legal dispute between both parties by allegedly filing what it described as a fictitious petition with the Corporate Affairs Commission (CAC).

​The company claimed the petition was aimed at circumventing judicial proceedings and influencing the outcome of the matter already before the court. In a statement dated August 1, 2026, the company alleged that the issues raised in the CAC correspondence are already the subject of litigation pending before the Federal High Court, Abuja in Suit No: FHC/ABJ/CS/2025, instituted by CCETC itself in October 2025.

​Ossiomo Power Company also alleged that CCETC made spurious claims to the CAC regarding its wholly-owned Project Company, COPC, despite the fact that the matter is pending in a federal high court sitting in Abuja.

​Response to compliance department notification

​The power company said on July 28, 2026, COPC received an email from the Compliance Department of the CAC, with a letter dated June 19, 2026. According to the company, the letter referenced a petition submitted by Jiangsu and CCETC on June 3, 2026, bordering on the removal of directors and divestment of shares, and asked COPC to respond within seven days.

​”Although the CAC letter was dated June 19, it was only delivered to it on July 28, 2026, and it was promptly responded to, even though COPC was not provided with a copy of the purported CCETC letter,” the statement noted.

​”The issues raised in the CAC correspondence are already the subject of litigation pending before the Federal High Court, Abuja in Suit No: FHC/ABJ/CS/2025, instituted by CCETC itself in October 2025. The CAC is a party to the suit and has filed a preliminary objection challenging its joinder and the basis of CCETC claims. The objection is yet to be determined,” it added.

​Commitment to legal channels and land probe

​The company further alleged that the fresh development amounted to a breach of existing court orders directing all parties, including CCETC and the CAC, to maintain the status quo. The statement described the alleged action of CCETC as another desperate attempt to abuse the court process and subvert the course of justice.

​The management explained that the statement was issued to place the matter on record and to highlight the timing of the CAC correspondence within the context of the pending proceedings. The company, however, reaffirmed its commitment to resolving the dispute through appropriate legal and regulatory channels, and pledged its continued respect for the judicial process.

​Meanwhile, the management of Ossiomo Industrial Park has also raised an alarm over the illegal dredging of sand in commercial quantities from its land situated in Ologbo, Ikpoba-Okha Local Government Area of Edo State. The company disclosed that the quantity of sand stolen from its land is estimated to be over N782 million. The management noted that investigation is still ongoing to unmask those responsible for the illegal and criminal act, and make them face the wrath of the law.