 |
| Image:Pulse.ng |
Jude Okoye, elder brother and former manager of the famous music duo PSquare, is currently entangled in a high-profile fraud case involving over N1.38 billion.
The trial, which began earlier this year, has been postponed by Justice A. Owoeye of the Federal High Court in Ikoyi, Lagos, with the next hearings now scheduled for October 23 and November 10, 2025.
Okoye and his company, Northside Music Limited, are facing a seven-count charge filed by the Economic and Financial Crimes Commission (EFCC).
The allegations include the acquisition of a high-value property worth N850 million, which prosecutors claim was purchased with funds suspected to be proceeds of unlawful activities. The said property is located at Parkview Estate in Ikoyi, one of Lagos’ most upscale neighborhoods.
Jude Okoye has pleaded not guilty to the charges since his arraignment in February. During the most recent court session, the prosecution's first witness, Peter Okoye popularly known as Mr. P and Jude’s younger brother gave testimony that added a personal twist to the case.
He disclosed that while he was affiliated with Northside Entertainment, he never had access to the company’s finances or even knowledge of Northside Music Limited’s existence until 2022.
Peter also denied receiving any royalties or payments from Lex Records during his time in the group, though he admitted to receiving unspecified funds from a company account. His comments further complicate the case, raising questions about transparency and the internal management of the family-led entertainment empire.
With adjournments pushing the trial into the last quarter of the year, all eyes will remain on how the high-stakes courtroom battle unfolds.
The public and industry observers alike are watching closely, as the outcome could significantly impact Jude Okoye’s legacy and reputation in the Nigerian entertainment scene.
#JudeOkoye
#EFCC
#ExclusiveUpdates
No comments:
Post a Comment