Jude Okoye Faces Money Laundering Charges in Federal High Court
The ongoing rift within the P-Square family has taken another dramatic turn as Jude Okoye, the elder brother and former manager of the musical duo, faces legal troubles over alleged financial misconduct.
In a recent court hearing, Jude was arraigned before Justice Alexander Owoeye at the Federal High Court in Lagos on allegations of laundering ₦1.38 billion, $1 million, and £34,537.59. His company, Northside Music Ltd., was also named in the case.
Reports indicate that the charges stem from transactions carried out in 2022, including the purchase of a high-value property in Ikoyi, Lagos. According to court documents, the funds used for the acquisition were allegedly linked to questionable financial dealings.
Additionally, it was alleged that large sums of money were converted through a bureau de change and transferred across multiple bank accounts in an attempt to obscure their origins.
During the court proceedings, Jude pleaded not guilty to all seven charges brought against him. The judge adjourned the case to February 28, 2025, with his trial set to commence in April.
Following the hearing, he was remanded at the Ikoyi Correctional Facility, as the EFCC’s detention center had reached full capacity.
This latest development adds another layer of controversy to the long-standing disputes within the P-Square family, further fueling speculation about financial dealings behind the scenes.
