Lucky Obukohwo, Reporting
The Ossiomo Power Company, based in Ologbo, Edo State, has raised concerns over what it describes as an attempt by the Chinese firm, CCETC, to circumvent ongoing legal proceedings at the Federal High Court in Abuja through an alleged petition filed with the Corporate Affairs Commission (CAC).
In a statement issued by its management in Benin City on Saturday, August 1, 2026, the company alleged that CCETC submitted what it described as unfounded claims to the CAC concerning its wholly owned project company, COPC, despite the matter already being the subject of litigation before the Federal High Court in Abuja.
According to Ossiomo Power Company, COPC received an email from the Compliance Department of the CAC on July 28, 2026, attaching a letter dated June 19, 2026.
The letter referred to a petition allegedly filed by Jiangsu/CCETC on June 3, 2026, seeking the removal of directors and the divestment of shares, and requested that COPC respond to the allegations within seven days.
The company noted that 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 Ossiomo Power Company further noted that “the issues raised in the CAC’s 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 company added that the CAC is a party to the suit and has filed a preliminary objection challenging its joinder and the basis of CCETC’s claims. “The objection is yet to be determined” the Ossiomo Power Company, stated.
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 added that “this is another desperate attempt by CCETC to abuse the court process and subvert the course of justice.”
The company said the press statement was issued to place the matter on record and to highlight the timing of the CAC’s correspondence within the context of the pending proceedings.
Ossiomo 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 raised an alarm over the illegal dredging of sand in commercial quantities from its land situated in Ologbo, Ikpo-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, noting that investigation is still ongoing to unmask those responsible for the illegal and criminal act, and make them face the wrath of the law.
