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EFCC Charges Jude Okoye in N1.3bn Fraud Case

Jude Okoye Faces Court Over Alleged N1.3bn Fraud

On February 26, 2025, the Economic and Financial Crimes Commission (EFCC) arraigned Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, before Justice Alexander Owoeye of the Federal High Court in Lagos.

Okoye, alongside his company Northside Music Ltd, faces a seven-count charge of money laundering involving ₦1.38 billion, $1 million, and £34,537.59.

The charges include allegations that in 2022, Okoye and his company acquired a property at No. 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos, valued at ₦850 million, funds purportedly linked to unlawful activities.

Following the arraignment, Justice Owoeye ordered Okoye’s remand in prison custody and adjourned the case to March 15, 2025, for the hearing of his bail application.

This development adds a new dimension to the ongoing disputes among the Okoye brothers, which have previously involved allegations of financial mismanagement and embezzlement within the P-Square enterprise.

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