By Rosemary Okoduwa
The Ossiomo Power Company, Ologbo, Edo State, has alleged that a Chinese firm, CCETC, is attempting to undermine ongoing legal proceedings before the Federal High Court, Abuja, through what it described as a fictitious 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 claimed that CCETC made what it described as spurious allegations to the CAC concerning its wholly owned project company, COPC, despite the matter being the subject of pending litigation before the Federal High Court, Abuja.
According to the company, COPC received an email from the CAC Compliance Department on July 28, 2026, enclosing a letter dated June 19, 2026, which referenced a petition allegedly submitted by Jiangsu/CCETC on June 3, 2026, seeking the removal of directors and divestment of shares, and requested a response within seven days.
Ossiomo Power Company said the CAC’s letter, although dated June 19, was only delivered on July 28 and was promptly responded to, despite COPC not being provided with a copy of the alleged petition. The company maintained that the issues raised by the CAC are already before the Federal High Court, Abuja, in Suit No. FHC/ABJ/CS/2025, filed by CCETC in October 2025. It added that the CAC is a party to the suit and has filed a preliminary objection challenging its joinder, which is yet to be determined.
The company further alleged that the latest development violates existing court orders directing all parties, including CCETC and the CAC, to maintain the status quo pending the determination of the case. Describing the move as “another desperate attempt by CCETC to abuse the court process and subvert the course of justice,” Ossiomo said the statement was issued to place the matter on record and highlight the timing of the CAC’s correspondence. It reaffirmed its commitment to resolving the dispute through appropriate legal and regulatory channels while maintaining respect for the judicial process.
Meanwhile, the management of Ossiomo Industrial Park also alleged that unknown persons were engaged in the illegal commercial dredging of sand from its property in Ologbo, Ikpoba-Okha Local Government Area of Edo State. The company estimated the value of the stolen sand at over ₦782 million, adding that investigations are ongoing to identify those responsible and ensure they are brought to justice.
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