In response to the article appearing in the Financial Times today (19th March 2026), Battersea Power Station Development Company said:

“We strongly deny and are robustly defending the unfounded allegations made by Mr O’Sullivan in the Employment Tribunal.

There are no claims made by Mr O’Sullivan relating to Battersea Power Station Development Company’s (BPSDC) accounts.

BPSDC manages the Battersea Power Station estate ultimately on behalf of Battersea Project Holding Company, the holding company of the 42-acre regeneration project.

Battersea Project Holding Company appointed highly regarded forensic accountants to independently investigate historic claims. Whilst the two forensic accountants reports deal with confidential matters, the conclusion reached was that Mr O’Sullivan’s concerns were not borne out, no further investigation was warranted and accounting practices employed by Battersea Project Holding Company Limited adhere to international accounting standards.  Its accounts have always been audited and signed off by PwC, one of the big four accounting firms.

With the recent appointment of a master planner to shape the remaining 16 acres of the regeneration project, and with construction of two new Gehry-designed buildings set to commence in the coming months, Battersea Power Station is entering its next chapter and looking at how it can evolve the already thriving neighbourhood for the future needs of London and beyond.

Adhering to the confidential nature of Employment Tribunal procedures, we cannot comment on this matter further at this time.”