P Square: Jude Okoye Remanded in Prison Over ₦1.3 Billion Fraud:
Nigerian music executive Jude Okoye has been remanded in prison over an alleged ₦1.3 billion fraud. The Economic and Financial Crimes Commission (EFCC) initiated the investigation following a complaint by Peter Okoye, Jude's younger brother and member of the music duo P-Square.
Peter reportedly discovered that Jude had been diverting proceeds from P-Square's music into a secret company account he established with his wife. These funds were allegedly shared with Paul Okoye, the other half of P-Square, without Peter's knowledge.
P-Square, consisting of twin brothers Peter and Paul Okoye, rose to fame in the early 2000s with hits like "Bizzy Body" and "Do Me." Managed by their elder brother Jude, the group became one of Africa's most successful music acts. However, internal conflicts led to their split in 2017, with financial disputes speculated to be a significant factor.
The current allegations suggest that Jude, while serving as the group's manager, siphoned off substantial amounts from the duo's earnings into a clandestine account. This revelation has reignited discussions about the group's past disagreements and the role of financial mismanagement in their breakup.
As the legal proceedings continue, the Nigerian music industry and fans await further developments in this high-profile case.
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