Jude Okoye, the former manager of the defunct music group, P-Square, has been released from the custody of the Economic and Financial Crimes Commission, EFCC, after two months in detention.
Jude Okoye was arraigned by the anti-graft agency alongside his company, Northside Music Limited, on seven counts of charges related to money laundering.
Paul Okoye, popularly called Rudeboy of Psquare, announced their elder brother Jude’s release on Wednesday.
Sharing a series of videos of him and others welcoming Jude home via his Instagram story, Paul wrote, “Jude is finally out after 2months + .. all their efforts to frustrate his bail has finally collapsed. Welcome home brother #judeengees. And happy birthday. Welcome back blood.”
Recall that Rudeboy has accused his twin brother and former band-mate, Peter Okoye, commonly known as Mr P of P-Square, as being behind Jude’s legal troubles and detention.
ALSO READ: Peter Psquare Testifies Against Former Manager Jude Okoye In Alleged N1.38bn Fraud Case
Last week, Peter testified against Jude in the Federal High Court in Lagos. He explained how Jude secretly registered a new company in his wife’s name and used it to divert royalties that rightfully belonged to P-Square.
Paul Okoye told the court:
“I went to the Corporate Affairs Commission (CAC) site, and discovered that the Directors of Northside Music were Jude Okoye and his wife. I also discovered that Jude’s wife owned 80%, while Jude owned 20%.
On the backend, I was unable to get anything because it had been tampered with. One of those interested in buying the catalogue came to my house and invited Paul . But his response was that ‘I know Peter has told you this…When he came back after an hour, he told me that he was tired of all this and that I could do my worst.”
But when I checked the statements of accounts from January 1, to December 2017, I discovered that those who paid money to the Access Bank account were the aggregators.”
The court adjourned the case to June 4 for cross-examination.
