Jude Okoye denies claims by his brother Peter Okoye of diverting P-Square’s royalties. He clarifies that Northside Music, founded in 2013, managed their funds transparently. Jude reveals the proceeds were split with him receiving 40%, while Peter and Paul each took 30%. The brothers plan to release further evidence.
Jude Okoye, the former manager of the renowned music duo P-Square, has firmly denied allegations by his brother Peter Okoye that he siphoned millions of dollars from their royalties into a private account. During an Instagram Live session, Jude clarified the situation, stating that the company in question, Northside Music, is not a secret entity but was established in 2013 with Peter's full knowledge. He explained that the company's purpose was to manage the group's financial interests and that the funds were divided according to a pre-agreed formula.
Jude revealed that P-Square's proceeds were split among the three brothers, with him receiving 40% while Peter and Paul each took 30%. He emphasized that the money in question was his legitimate share of the royalties as per their agreement and not a result of any fraudulent activity.
Jude also touched on the involvement of the Economic and Financial Crimes Commission (EFCC), asserting that he had done nothing wrong. He expressed disappointment at how the situation had escalated, accusing Peter of attempting to discredit him.
The rift between the Okoye brothers, which began in 2013 and led to their official split in 2016, has been marked by ongoing tensions. Jude and Peter have both indicated that they will release more evidence to support their respective claims as the feud continues to unfold.