By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Khest MediaKhest MediaKhest Media
  • Sport
    Sport
    Show More
    Top News
    Preview: Lille vs. Lens thumbnail
    Preview: Lille vs. Lens
    29 mars 2025
    Preview: Parma vs. Inter Milan thumbnail
    Preview: Parma vs. Inter Milan
    5 avril 2025
    Aston Villa transfer information: Atletico Madrid 'circling' for midfielder, facing La Liga competition thumbnail
    Aston Villa transfer information: Atletico Madrid ‘circling’ for midfielder, facing La Liga competition
    19 avril 2025
    Latest News
    Imaginable choices aplenty: Tuchel confirms Saka problem as Andorra update given
    7 juin 2025
    Minnesota Utd vs. Inter Miami
    7 juin 2025
    Trabzonspor vs. Galatasaray
    7 juin 2025
    Eyupspor vs. Kasimpasa
    7 juin 2025
  • Politique
    Politique
    Show More
    Top News
    Présidence LR : Défait à plates coutures, Laurent Wauquiez a-t-il encore un avenir politique ? thumbnail
    Présidence LR : Défait à plates coutures, Laurent Wauquiez a-t-il encore un avenir politique ?
    21 mai 2025
    Ukraine: les troupes ukrainiennes dans l’étau d’Avdiïvka
    16 février 2024
    Sénégal: les libérations des prisonniers dits «politiques» se poursuivent
    17 février 2024
    Latest News
    Présidence LR : Défait à plates coutures, Laurent Wauquiez a-t-il encore un avenir politique ?
    21 mai 2025
    Etats-Unis : « J’aimerais être pape », Trump fait de l’humour (et un peu de politique aussi) avant le conclave
    1 mai 2025
    Etats-Unis : Donald Trump est-il complètement zinzin ou bien fin stratège politique ?
    12 avril 2025
    EN DIRECT Droits de douane annoncés par Trump : Face à la politique américaine, L’UE se dit « prête à défendre ses intérêts »…
    6 avril 2025
  • Economie
    EconomieShow More
    La Mauritanie prend la présidence de l’Union Africaine
    17 février 2024
    Burkina Faso : Mali, invité d’honneur du Salon international de l’agriculture
    17 février 2024
    La BAD prête à financer la réhabilitation de la route Ngaoundéré-Garoua
    16 février 2024
    Rwanda: le bureau local du Mécanisme en charge des derniers dossiers du TPIR fermera bientôt ses portes
    16 février 2024
    Financement des PME camerounaises : la Société financière internationale réfléchit à de nouvelles pistes 
    17 janvier 2024
  • Actu
  • My Bookmarks
  • Services
    • Social SphereChat
    • Hercael SuiteWork
    • TswanWeb
      • Web Creator
      • Web Hosting
      • Web Agency
Search
  • Advertise
© 2024 Khest Media. All Rights Reserved.
Reading: Peter Okoye Testifies Against Brother Jude in ₦1.38 Billion Money Laundering Case
Share
Sign In
0

Votre panier est vide.

Notification Show More
Font ResizerAa
Khest MediaKhest Media
0
Font ResizerAa
  • Sport
  • Politique
  • Economie
  • Santé
  • Congossa
  • Arnaqueur
  • Job
  • Technologie
  • Voyage
Search
  • Acceuil
    • Actualité
    • Dernières sorties
  • Catégories
    • Sport
    • Politique
    • Economie
    • Congossa
    • Societe
    • Arnaqueur
    • Technologie
    • Job
  • My Bookmarks
  • Khest Media
    • Sphere
    • Khest Video
    • StoreBox
    • Hercael Suite
    • Tswan Agency
    • Tswan Hosting
Have an existing account? Sign In
Follow US
  • Advertise
© 2024 Khest Media. All Rights Reserved.
Khest Media > Actu > Business > Peter Okoye Testifies Against Brother Jude in ₦1.38 Billion Money Laundering Case
Business

Peter Okoye Testifies Against Brother Jude in ₦1.38 Billion Money Laundering Case

Business Elites Africa
Last updated: 16/04/2025
Business Elites Africa Business
Share
3 Min Read
Peter Okoye Testifies Against Brother Jude in ₦1.38 Billion Money Laundering Case thumbnail
SHARE

Nigerian pop massive title Peter Okoye, one-half of the prolonged-lasting tune duo P-Sq., appeared earlier than the Federal High Court docket in Lagos on Monday to testify against his elder brother and aged supervisor, Jude Okoye, in a case involving alleged misappropriation of the community’s earnings.

Jude Okoye and his company, Northside Music Restricted, are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on costs of money laundering involving ₦1.38 billion, $1 million, and £34,537.59.

Presiding over the case is Justice Alexander Owoeye. The trial follows a petition filed by Peter, who alleges that Jude diverted P-Sq.’s royalties and controlled procure admission to to the community’s earnings with out transparency.

During his testimony, Peter told the court docket that Jude stale a separate entity—Northside Music Restricted—to secretly receive royalties on account of P-Sq., with out the information or consent of the duo.

“P-Sq. began round 1997 or 1998,” Peter recounted, adding that Jude joined as supervisor after earlier handlers, including Chioma Ugochi and the behind Bayo Odusami. “We later operated under Northside Entertainment.”

Led in evidence by EFCC counsel Aso Larry, Peter explained that even as P-Sq. rose to international reputation, Jude retained odd regulate over their financial accounts with banks including Ecobank, Zenith Financial institution, and FCMB.

“He was the suitable one licensed to withdraw money from the accounts,” Peter said. “Even when we beget been building properties in Ikoyi, I couldn’t procure admission to any funds. When I requested questions, I was told, ‘Whilst you’re leaving P-Sq., you’re leaving the money too.’”

The singer testified that objective efforts to resolve the battle, including intervention from their then-lawyer, Festus Keyamo (now Minister of Aviation), proved unsuccessful. Following the community’s 2017 breakup and 2021 reunion, Peter stumbled on extra irregularities.

In 2022, Peter uncovered the existence of Northside Music Restricted—distinct from Northside Entertainment—and realized that the corporate had been collecting P-Sq.’s royalties with out his or Paul Okoye’s consciousness.

Attempts to obtain banking information beget been reportedly blocked.

“Zenith Financial institution told me that Jude instructed them to no longer unlock any information to me,” Peter revealed.

He also disclosed that Jude and Paul later signed their tune catalog to a third-birthday celebration company, Indignant Solution. Peter finest received over $22,000 from that deal months later.

Corporate Affairs Commission (CAC) documents revealed that Jude’s spouse owns 80% of Northside Music Restricted, while Jude holds the remaining 20%.

The trial continues as Peter and the EFCC scrutinize to prove that Jude stale the corporate as a vehicle to improperly regulate and motivate funds that rightfully belonged to the tune community.

Be taught More

You Might Also Like

Musk-Trump Feud and Tesla Stock: Shares Rebound After ‘Peace Discuss’

Real Madrid Clinches Necessary Victory in European Transfer Fight

Tottenham Sack Postecoglou After Two Years

7 Ladies Leading MTN Nigeria’s Telecom Future

Tinubu, APC, Defections: The Dismay of Tinubu is the Starting attach of Wisdom

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Copy Link
Share
Previous Article 5 Most Cheap International locations to Look in Europe thumbnail 5 Most Cheap International locations to Look in Europe
Next Article Congrès du PS : en ralliant Olivier Faure, Stéphane Troussel veut éviter l’émergence de « socialistes irréconciliables » thumbnail Congrès du PS : en ralliant Olivier Faure, Stéphane Troussel veut éviter l’émergence de « socialistes irréconciliables »
Leave a review Leave a review

Leave a review Annuler la réponse

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Please select a rating!

Restez Connecté

23.5kFollowersLike
6.4kFollowersFollow
19.5kMembersFollow
- Sponsorised -

Publications Récentes

Imaginable choices aplenty: Tuchel confirms Saka problem as Andorra update given thumbnail
Imaginable choices aplenty: Tuchel confirms Saka problem as Andorra update given
sportsmolecouk Sport 7 juin 2025
Minnesota Utd vs. Inter Miami thumbnail
Minnesota Utd vs. Inter Miami
sportsmolecouk Sport 7 juin 2025
Trabzonspor vs. Galatasaray thumbnail
Trabzonspor vs. Galatasaray
sportsmolecouk Sport 7 juin 2025
Eyupspor vs. Kasimpasa thumbnail
Eyupspor vs. Kasimpasa
sportsmolecouk Sport 7 juin 2025
//

Nous touchons près de 40 mille internautes en tant que réseau d’informations business au Cameroun.

 

Accès Rapide

  • Sport
  • Politique
  • Economie
  • Santé
  • Congossa
  • Arnaqueur
  • Job
  • Technologie
  • Voyage

Categories Top

  • BUSINESS
  • TECHHot
  • HEALTH

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Khest MediaKhest Media
Follow US
© 2024 Khest Media. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
khest media retina logo khest media retina logo
Welcome Back!

Sign in to your account

Register Lost your password?