Court Grants PSqaure’s Jude Okoye ₦100m Bail

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The trouble rocking the P-Square brothers appears to be far from over. Now, Jude Okoye is having a ‘trying time’ over an allegation of fraud. 

As things unfold, a Federal High Court in Lagos granted Jude Okoye a ₦100-million bail.

Jude is the former manager of P-Square, the now-defunct music duo consisting of twin brothers Peter and Paul Okoye.

Court Grants PSqaure's Jude Okoye ₦100m Bail

Presiding over the case on Monday, Justice Alexander Owoeye ruled that Okoye must provide two sureties in the same sum.

One of whom must own a landed property, among other conditions.

Also, the court prohibited him from leaving Nigeria.

Jude Okoye, the elder brother of P-Square, was arraigned last Wednesday by the Economic and Financial Crimes Commission (EFCC).

His case was about money laundering charges involving ₦1.38 billion, $1 million, and £34,537.59.

He was charged alongside his company, Northside Music Limited, on a seven-count indictment.

According to the EFCC, Jude Okoye and his company allegedly acquired a property at No. 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos.

The property was acquired for ₦850 million in 2022.

People Also Read: Singer Paul Okoye Confirms End Of PSquare

However, the commission claims the money was a proceed of unlawful activities.

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