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.
