Jude Okoye Denied Me Access To Our Statement Of Account – Peter Okoye

The Okoye family have taken themselves to court as Peter Okoye recently testified against his elder brother, Jude Okoye in an ongoing trial over alleged money laundering involving over ₦1.3 billion, $1 million, and £34,537.59.

The trial recently commenced before Justice Alexander Owoeye at the Federal High Court in Lagos, and fans have been reacting.

According to Peter, he only started suspecting his brother of mismanaging and diverting funds that were due to the music group when he and Paul went their separate ways, especially after Jude denied him access to details about their statement of account when he requested.

He added that even when they tried to sell the catalogue, potential buyers said the numbers had been reduced and the value was no longer worth their offer.

Peter said, “Psquare started in 1997/98. Before Jude became our manager, we had others, including Chioma Ugochi and the late Howie-T. But when Jude came on board, things changed. He was the sole signatory to all our accounts—Ecobank, Zenith, and FCMB.

There were months I couldn’t access money. It was so bad that I had to go through our lawyer, Festus Keyamo, to create a sharing formula.

The house project was financed by Northwest Entertainment Ltd, but for six months, they stopped funding mine. When I asked why, I was told, ‘As you leave P-Square, you leave the money.’ That was when I knew something wasn’t right.

By 2022, when people wanted to acquire our albums, I requested a statement of account. But Jude refused. Even the account officers at Zenith Bank told me he instructed them not to give me access. They said the only way I could get the documents was through the court.

When I asked Paul, he said: ‘You know say I don’t know anything about it,’ and told me to go meet Jude.

Until then, I had no idea the company even existed. It was when I checked Cynthia Morgan’s album metadata—she was one of Jude’s artists—that I realized where the royalties were being diverted.

When we tried to sell the catalogue, potential buyers said the numbers had been reduced and the value was no longer worth their offer.

WOW.

Paul Okoye, who is better known as Rudeboy, is a Nigerian singer. He rose to fame in the 2000s as a member of the P-Square duo with his identical twin brother Peter Okoye.

Paul studied at St. Murumba secondary school in Jos, together with his brother, Peter also known as Mr P. Paul joined a school of music and drama club where he started dancing and performing covers songs produced by MC Hammer, Bobby Brown and Michael Jackson with his brother Peter.

After the disbandment of P-Square in 2017, both band members sought separate musical careers. Rudeboy released his debut solo tracks titled ‘Fire Fire’ and ‘Nkenji Keke’ in 2017.

On 22 March 2014 Okoye married Anita Isama, whom he met in 2004 during his studies at the University of Abuja. In 2013, their son Andre was born in Atlanta, Georgia, United States. The couple also have a set of twins who were delivered in Atlanta, USA.