A bright green CoCu(PMP)(OH)2(H2O)2 complex was synthesized. Its structure was elucidated and characterized by different spectroscopic techniques. Both cobalt and copper atoms attain tetrahedral geometry. The complex was investigated by the dielectric relaxation spectroscopy. The dielectric parameters are discussed in terms of temperature and frequency changes. The conductivity of the complex decreased as the temperature increased in the temperature range 30-100 degrees C, while above this temperature range stepwise increase in the conductivity was observed.