Sunrise News
Advertisement
Wednesday, July 2, 2025
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News
No Result
View All Result
Sunrise News
No Result
View All Result
Home More

Alleged $1m, £34,537 Fraud: EFCC presents first witness, Peter Okoye against ex-P-Square manager

Editor Sunrise by Editor Sunrise
May 17, 2025
in More
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

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.

Also Read
Real Madrid’s midfielder to miss derby due to appendix surgery

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 percent shares, while Jude retains the remaining 20 per cent.

Also Read
No plan to regulate social media, says NCC

“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.

Also Read
Why Lil Kesh didn’t upload Gasky’s video on Instagram –Manager

“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”, he said.

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.

Also Read
Bisi Olatilo, other express shock over death of Ras Kimono’s wife

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”.

Share this:

  • Click to share on X (Opens in new window)X
  • Click to share on Facebook (Opens in new window)Facebook
Previous Post

‘Enough is enough’ — Youth group moves against attacks on Christianity, leaders

Next Post

I will give them final defeat – Wike reveals three politicians he’s fighting

Editor Sunrise

Editor Sunrise

Related Posts

Lagos: Jandor rallies support for APC candidates, inaugurates Independent Campaign Group ahead of July 12 in LG election
More

Lagos: Jandor rallies support for APC candidates, inaugurates Independent Campaign Group ahead of July 12 in LG election

July 2, 2025
Tinubu to Saint Lucian Students: Education is your greatest tool, be bold, disciplined and committed
More

Tinubu to Saint Lucian Students: Education is your greatest tool, be bold, disciplined and committed

July 2, 2025
More

“This is a very inspiring moment for me,” says Nigerian Medical student in Saint Lucia after meeting President Tinubu and Prime Minister Pierre

July 2, 2025
Next Post
Wike offers to foot medical bills of Abuja truck explosion victims

I will give them final defeat – Wike reveals three politicians he’s fighting

PlusWorldPlusWorldPlusWorld

You might have missed this

  • Experts List Seven Benefits Of Breast Sucking To Women

    Experts List Seven Benefits Of Breast Sucking To Women

    0 shares
    Share 0 Tweet 0
  • Nigerian Staff of popular Chinese phone company threaten strike, accuse bosses of maltreatment

    0 shares
    Share 0 Tweet 0
  • Qudriyyah Movement of Lagos Celebrates Governor Sanwo-Olu at 60, Offers Prayers for Continued Wisdom and Prosperity

    0 shares
    Share 0 Tweet 0
  • NRC signs MOU with 4 Polytechnic, varsity on railway engineering training

    0 shares
    Share 0 Tweet 0
  • Food Safety: NAFDAC, Ministry of Health partners NGO…gives five safer food keys

    0 shares
    Share 0 Tweet 0
  • Full list of chairmen/vice chairmen for 20 local governments and 37 LCDAs in Lagos State

    0 shares
    Share 0 Tweet 0
  • TCAN to hold 2025 Transportation Summit in Lagos

    0 shares
    Share 0 Tweet 0
  • Beneficiaries of past misgovernance desperate to malign Tinubu led gov’t will fail—Dr. Adefuye

    0 shares
    Share 0 Tweet 0
  • Salome Adaidu: Court sentences gospel singer Timileyin to death by hanging

    0 shares
    Share 0 Tweet 0
  • Rivers crisis: Tinubu meets Wike, Fubara, lawmakers

    0 shares
    Share 0 Tweet 0

Recent News

Atiku, David Mark, Secondus, others dump PDP, adopt coalition to unseat Tinubu

BREAKING: Coalition: Atiku, Obi, El-Rufai, others arrive Yar’Dua Centre for ADC unveiling

July 2, 2025
Eno

I’ll serve all regardless of political affiliation – Gov Eno

July 2, 2025

2027: I’m still Labour Party member, not in any coalition — Abia Gov, Otti

July 2, 2025
ADC unveiling: Coalition announces new venue hours after hotel cancelled booking

ADC unveiling: Coalition announces new venue hours after hotel cancelled booking

July 2, 2025
Sunrise News

© 2025 Sunrise NG

Navigate Site

  • About
  • Advertise
  • Contact
  • Breaking News
  • Business
  • Columnist
  • Entertainment
  • Opinion
  • Politics
  • World News

Follow Us

No Result
View All Result
  • Breaking News
  • Business
  • Entertainment
  • Columnist
  • Featured
  • Health
  • Politics
  • Sports
  • Trending News
  • World News
  • Yoruba News
  • More

© 2025 Sunrise NG

WhatsApp Sunrise News