The Economic and Financial Crimes Commission (EFCC) has shockingly revealed that it cannot find any evidence to back singer Peter Okoye's sensational claims against his brothers, Jude and Paul Okoye, over an astounding $800,000 allegedly siphoned from their joint company account.
In what has become a highly publicized saga, Peter accused Jude of outrageous financial misconduct, including managing 47 hidden bank accounts and tampering with the shareholding structure of their joint venture, Northside Entertainment Ltd. These explosive allegations were serious enough to provoke the EFCC into filing charges of financial mismanagement against Jude, who was officially arraigned on March 4, 2025. Jude, alongside his company Northside Music Limited, faces four counts of stealing and misappropriating a staggering $1 million and £34,000 in music royalties. The EFCC's claims include that Jude allegedly diverted $767,544.15 from payments meant for Peter, suggesting a calculated attempt to rob him of his rightful share.
The courtroom drama intensified on May 23, 2025, when Peter unveiled purported new evidence, asserting that Jude and Paul had conspired to withdraw and distribute over $800,000 from March 2023 to October 2024. However, under intense questioning by defense attorney Clement Onwuenwunor (SAN), Peter suspiciously changed the timeline of these transactions to 2013-2014, adding to the chaos. He reiterated claims of Jude's 47 bank accounts and an overwhelming 80% stake in Northside Entertainment.
As the courtroom tension mounted, EFCC counsel Mohammed Bashir stunned the audience by admitting that the commission had no evidence to corroborate the alleged $800,000 withdrawal. “We do not have it. It is his evidence. Let him prove it. I can’t give what I don’t have,” he declared, leaving many to wonder about the veracity of Peter's accusations. Bashir also denied having any record of the supposed 47 bank accounts, branding it as merely Peter’s claim. Meanwhile, the defense produced Corporate Affairs Commission records that directly contradicted Peter’s assertion about Jude’s stake in Northside Entertainment, raising further questions about the credibility of the claims.
In a surprising admission, Peter conceded he only learned about Northside Music in 2024, when artist Cynthia Morgan sent him her contract featuring the company’s letterhead, despite Morgan's albums being credited to the seemingly mismanaged Northside Inc.
As this high-stakes family feud drags on, Justice Oshodi has postponed proceedings until December 12, 2025, leaving the public on the edge of their seats. With both parties gearing up to present their cases in this convoluted legal battle, the outcome remains uncertain, but one thing is clear: the drama surrounding P-Square has captivated the public's attention like never before.
