- Jude Okoye, former manager of P-Square, has been remanded in prison on fresh fraud charges.
- The Economic and Financial Crimes Commission (EFCC) filed a four-count charge against Okoye.
- Okoye is accused of dishonestly converting music proceeds totaling $1,019,763.87 and £34,537.59 for personal use.
- He pleaded “not guilty” to the charges at the Ikeja High Court.
- Okoye’s defense counsel argued for bail, citing an ongoing related case at the Ikoyi court.
Jude Okoye, the elder brother and former manager of the defunct music group P-Square, has been remanded in prison after being arraigned on fresh fraud charges. The Economic and Financial Crimes Commission (EFCC) filed a four-count charge against Okoye, accusing him of dishonestly converting music proceeds from three companies for personal use, totaling $1,019,763.87 and £34,537.59. This allegedly deprived his brother, Peter ‘Mr. P’ Okoye, of his rightful earnings .
During his court appearance before Justice Ramon Oshodi at the Ikeja High Court, Okoye pleaded “not guilty” to the charges. His defense counsel, Clement Onwuenwunor, argued for bail, citing an ongoing related case at the Ikoyi court where Okoye had already been granted bail.
In a related development, Okoye was also arraigned on a seven-count charge of money laundering amounting to N1.38 billion, $1 million, and £34,537.59 . He pleaded “not guilty” to these charges as well. The court has adjourned the matter until April 14, 2025, for trial, and Okoye has been granted N100 million bail .
