jude okoye in prison (1).jpg
Jude Okoye, former manager of P-Square, was granted N100 million bail after being charged with laundering N1.38 billion and $1 million in royalties. The EFCC accuses him of diverting music proceeds from his brother Peter. His trial begins on April 14, 2025.

Jude Okoye, the former manager of the P-Square music duo, was granted N100 million bail by a federal high court in Ikoyi, Lagos, on charges of fraud. The Economic and Financial Crimes Commission (EFCC) had arraigned Okoye for laundering a total of N1.38 billion, $1 million, and £34,537.59. The charges stem from allegations that Okoye, through his company, Northside Music Limited, diverted funds owed to his brother Peter ‘Mr. P’ Okoye for music royalties.

Okoye pleaded not guilty and was initially remanded in the Ikoyi Correctional Centre. His counsel, Inibehe Effiong, applied for him to be held in the EFCC's custody, but the prosecution objected, citing concerns about potential witness tampering and flight risk. Following the hearing, the judge agreed to grant bail under stringent conditions. Okoye must provide two sureties with properties worth N100 million each and is prohibited from leaving the country without court approval.

The EFCC also filed fresh charges against Okoye, alleging he misappropriated royalties from companies like Lex Records Limited and Kobalt Music Services Limited. Okoye’s trial will begin on April 14, 2025. This legal battle follows a longstanding feud within the Okoye family, where Jude’s actions allegedly contributed to the breakup of the popular P-Square duo.