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Alleged $1m, £34,537 Fraud: EFCC Presents First Witness, Peter Okoye against Ex-P-Square Manager
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, May 16, 2025, presented its first prosecution witness, PW1, Peter Obumuneme Okoye,( a.k.a Mr P) against Jude Chigozie Okoye, elder brother and former Manager of Paul and Peter Okoye, before Justice Rahman Oshodi of the State High Court sitting in Ikeja, Lagos.
Okoye is standing trial alongside his company, Northside Music Ltd., on a four-count charge bordering on alleged stealing to the tune of $1m and £34,537 .
Led in evidence by the prosecution counsel, Mohammed Bashir, the PW1 told the court that his brother’s wife, Ifeoma, owned 80 per cent of Northside Music Ltd, while Jude retained the remaining 20 percent shares.
He said: “ I went to the EFCC with my lawyer to submit the petition on January 22, 2024. I initially wrote Northside Music as the respondent. But upon various investigations carried out by the Commission, it was discovered that Jude’s wife, Ifeoma, is the owner of the company because she owes 80 per cent shares, while Jude retains the remaining 20 per cent.
“I submitted the petition and I never spoke to either Paul or Jude until early April in 2024 when the EFCC asked if my twin brother was involved and I said I did not know.
“The Commission discovered there were over 47 bank accounts used by Jude to receive royalties.”
He also told the court that though both Paul and Jude were later invited by the Commission, the latter was detained.
In his further evidence, he said: “Jude never denied that he committed the crime. However, my twin brother told me during a meeting at the EFCC office that our elder brother owns P-Square.
“Paul told me Jude owns 40 per cent, while the two of us owe 30 per cent each.
“Ifeoma was never part of our engagement and I was not aware when Northside Music was registered.
“Northside Music, according to my findings, was registered in 2015 and had been operating illegally two years prior to our break-up.”
The prosecution, thereafter, sought to tender the petition dated January 22, 2024.
There was no objection to its admissibility by the lead counsel to the defendants, Clement Onwuenwunor, SAN.
Earlier in the proceedings, the witness had told the court that he and his twin brother, Paul, started their music career in 1999.
He had also told the court that between 2005 and 2006, they floated a company, Northside Entertainment Ltd, where they were directors and shareholders.
He, however, said Jude was the sole signatory to the company’s three accounts domiciled in Eco Bank, First City Monument Bank (FCMB) and Zenith Bank.
“ They were both Naira and Dollar accounts and Jude was the sole manager of all the accounts.
“In September 2017, P-Square broke up and we came back together in November 2021.
“Within the period, I never received any royalty paid into our company.
“Before we broke up in 2017, every royalty was being paid into Northside Entertainment Ltd., where the three of us were shareholders.
“We have two aggregators (streaming platforms that generate income): I-rocking.com and Free me digital, which I was aware of.
“When people play our songs on their mobile phones, it generates income: and so, we receive funds from these two aggregators prior to our split.”
The PW1, who said he went solo as Mr P after the group broke up and got a different manager, further told court that “ When we got back without him being our manager, I discovered a similar company was run by our brother known as Northside Music.
“I started seeing some discrepancies in the way royalties were sent to me and my twin brother . When I went for a tour in London, some individual approached us if we would like to sell our catalogs, but they needed to see the back-end.
“After so much attempt to get the back-end from Jude, I discovered that he had tampered with the original one, which made over seven companies to have a rethink of purchasing the catalogs.”
The case was adjourned till May 23 for continuation of trial.
Entertainment
2Baba Cries Out For Help in Now Deleted Instagram Post
This morning, 2Baba posted “Help Me” on his Instagram stories, but less than 20 minutes later, the message vanished.
For the past few days, his relationship with his current wife, Senator Natasha Osawaru, has been under serious scrutiny, as a series of public incidents have surfaced and fuelled widespread speculation about the state of their marriage.
His cry for help should not be taken lightly. But who will answer him?
Will it be his family, his close friends, or the entertainment industry that has benefited from his legendary career?
At this point, one thing is clear. The music icon seems to be calling for real support and those around him cannot afford to look away.
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BREAKING: Unknown Gunmen Attack Gov. Otti’s Advance Team In Imo, As Scores Were Kidnapped From A Bus Along Owerri-Road Road
An advance team of Abia State Governor, Dr. Alex Otti, escaped unhurt after unidentified gunmen opened fire on their vehicle in the early hours of Tuesday, December 2, 2025, along the Umuowa–Ihite axis in Imo State.
The three-member team was en route to Sam Mbakwe Cargo Airport, Owerri, when the attack occurred shortly before the airport junction.
In a statement electronically signed by the Chief Press Secretary to the Governor, Mr. Ukoha Njoku Ukoha, the Abia Government clarified that Governor Otti’s main convoy was not involved in the incident and was nowhere near the location at the time.
“The convoy of His Excellency, Dr. Alex Chioma Otti, was not attacked. No member of the advance team or any other person sustained injury, and no life was lost,” the statement stressed, urging the public to disregard rumours suggesting otherwise.
It was learned that Security agencies have been notified, and investigations are underway to identify and apprehend the assailants.
Meanwhile, a commercial bus plying along Owerri -Aba road towards the Ngor Okpala axis was attacked Monday and scores of passengers were feared kidnapped by yet-to-identify gunmen.
Trending
Gunmen attack Ngige’s convoy in Anambra
The convoy of former Minister of Labour and Employment, Senator Chris Ngige, was attacked by gunmen in Umuoji, Idemili North Local Government Area of Anambra State.
Ngige who confirmed the incident to newsmen, stated that he was not in the convoy when the attack occurred. He mentioned that several people were shot and injured.
“I was not in the convoy. I’m still alive and well. Those hoodlums have started again. I came to my state to relax, but what happened is unfortunate. I will go back to Abuja. But I assure those who did this, they will not go unpunished.” he said
The vehicles were reportedly returning from a mechanic workshop in Nkpor when the gunmen struck along the busy Umuoji–Nkpor Road leading to Alor, Ngige’s hometown.
According to Mr. Fred Chukwulobelu, Ngige’s former Special Adviser on Media, a policeman in the pilot car was shot, and the attackers, dressed in police and army uniforms, took away his gun and uniform.
He also confirmed that a woman filming the incident was fatally shot. He added that a shop owner who rushed out to see what was happening was also shot; he lost significant blood and is scheduled for surgery, but is expected to recover fully.
The pilot car was riddled with bullets, while the wounded escort leader has undergone surgery and is also expected to recover.
Meanwhile, the Anambra State Police Command said it has launched a state-wide manhunt for the perpetrators.
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