Crime ‎P-Square Fraud Trail: EFCC disowns Peter’s $800k Claim Against Jude

0

 

Crime ‎P-Square Fraud Trail: EFCC disowns Peter’s 0k Claim Against Jude


‎The Economic and Financial Crimes Commission, EFCC, on Friday told a Lagos High Court sitting in Ikeja that it has no evidence to support the allegation that Jude and Paul Okoye of P-Square fraudulently withdrew $800,000, contrary to claims made by their brother, Peter Okoye.

‎Peter had in 2024 petitioned the EFCC accusing Jude of diverting the P-Square group funds, operating 47 undeclared bank accounts and manipulating the share structure of Northside Entertainment Ltd, a company jointly owned by them

‎The EFCC subsequently filed charges against Jude over alleged financial misconduct in the management of the P-Square brand.

‎During resumed cross-examination, EFCC counsel, M.K. Bashir, told Justice Rahman Oshodi that the commission could not present evidence for the alleged  withdrawal.

‎When asked by the judge to substantiate Peter’s claim, Bashir said: “We do not have it. It is his evidence. Let him prove it. I can’t give what I don’t have.”

‎Peter had testified on May 23, 2025, that he obtained new evidence showing how Jude and Paul allegedly withdrew and shared more than $800,000 between March 2023 and October 2024.

‎ But when defence counsel, Clement Onwuenwunor, SAN, confronted him with inconsistencies, he shifted his position, stating that the alleged withdrawal actually occurred between 2013 and 2014.

‎The defence further challenged Peter’s assertion that Jude operated 47 bank accounts.

‎Peter insisted the EFCC held the evidence, but Bashir denied the claim, saying: “I do not have 47 bank accounts. It is one of the witness’s claims, but I do not have such a copy.”

‎Onwuenwunor asked the court to order Peter and the EFCC to produce the alleged 47 accounts.

‎Justice Oshodi however rejected the request and ruled that the defence must apply formally since the documents were neither before the court nor part of the admitted evidence.

‎The defence also confronted Peter over his claim that Jude owned 80 per cent of Northside Entertainment.

‎Although Peter maintained he had proof, the defence tendered CAC records contradicting his assertion.

‎Peter was further questioned on his claim that he was unaware of the existence of Northside Music and that Jude signed artist Cynthia Morgan without his knowledge.

‎He said he only discovered the company in 2024 when Cynthia Morgan sent him her contract on Northside Entertainment letterhead, adding that while the contract was signed with Northside Music, her albums were credited to Northside Inc.

‎Justice Oshodi adjourned the matter to December 12, 2025, for continuation of trial.


Discover more from DailyNewsCover.com || ...Its All About News Update

Subscribe to get the latest posts sent to your email.

Seven AFRIMA Diamonds begin journey to African music glory The stage was set, the lights dazzled and the future of African music took centre stage as the All Africa Music Awards (AFRIMA) and the African Union Commission (AUC) unveiled seven emerging artistes tipped to become the continent’s next generation of superstars. During the AFRIMA Diamond Party and Prize Presentation held on Wednesday, June 3, 2026, at Voyage Lagos, Nigeria, AFRIMA Awards, through its Talent Discovery and Promotion programme, formally launched Ellacentric, Black Astro, Yamayeh Vibez, Mayowa Afolabi, DELLFIRE, El Nayaan and Blinkz Baba into the African music space, declaring them the latest talents poised to take African music to greater heights. The seven artistes, collectively known as the AFRIMA Diamonds, emerged from a continent-wide talent search that attracted entries from aspiring musicians across Africa. Speaking at the event, the President and Executive Producer, AFRIMA, Mike Dada, delivered a stirring charge to the young talents, predicting that they could become dominant forces in African music within the next two to three years. Standing before an audience of entertainment executives, artistes, influencers and industry stakeholders at the prestigious Voyage Lagos, Dada said the Diamonds had been carefully selected because of their exceptional talent and potential to shape the future of African music. “You are not here by accident. You were chosen because we saw something special in you. We saw talent, passion, discipline and the potential to become stars not just in your countries, but across Africa and the world. “I am challenging you today to go out and dominate the music space in the next two to three years. The opportunity is here. The platform is here. The spotlight is on you. The next move belongs to you,” he said. Dada said AFRIMA’s vision extends beyond celebrating established stars, stressing that the awards platform was committed to building a pipeline of globally competitive African talents. He noted that Africa’s growing youth population presents a unique opportunity for governments and industry leaders to invest in the creative sector. “The world is moving towards a content creation economy. Content is the new currency. Young people are creating value every day through music, digital media, fashion and entertainment. Our culture is our competitive advantage. The question is how we can leverage it for economic benefit, job creation and sustainable development. That is the direction AFRIMA is focused on, and we will continue to invest in initiatives that empower young Africans through creativity,” he said. The seven Diamonds earned their place after a rigorous selection process conducted by AFRIMA’s International Jury before being introduced to a wider audience through performances at the AFRIMA Music Village during the ninth AFRIMA Awards. At the party in their honour, the Diamonds once again took centre stage, delivering electrifying performances that left guests cheering and offered a glimpse into what could become the next wave of African music stars. An emotional Black Astro described the initiative as a turning point in his career. “This opportunity has changed everything for me. AFRIMA has given us visibility, confidence and access to people who can help shape our future. We are ready to show the world what we can do,” he said. Mayowa Afolabi said, “Being named an AFRIMA Diamond is a dream come true. This platform has given us an opportunity that many young artistes spend years searching for.” Ellacentric also expressed gratitude for the journey, describing the experience as a powerful reminder that perseverance and hard work can eventually pay off. As part of their rewards, the seven artistes secured participation slots in the Showbiz 101 Workshop and Music Creation Camp organised by bridgeAFRIC, where they will receive mentorship and collaborate with some of Africa’s leading music producers and artistes. Speaking on behalf of New Media Technologies Nigeria, the national distributor of SE Electronics, Bolaji Onisiwo, while presenting the musical equipment, said, “You have been identified as some of Africa’s brightest emerging talents. With that comes the responsibility to keep learning, improving and representing the continent positively through your music. These are not just gifts but investments, and how you use them will determine how far your careers can go,” Onisiwo said. The event, which had hospitality and entertainment provided by Voyage Lagos, attracted some of renowned names in the creative and entertainment industry, including Radio personality and Hypeman extraordinaire, Do2dtun Energy Gahd; Head of International Jury of AFRIMA, Olisa Adibua; Principal Consultant, Equally Diverse Solutions, Bolaji Durojaiye; CEO Voyage Lagos, Nader Issa; UK Rapper, SneaKBO; Chief Brand, Communications & Programming Officer, Murphy Ben International, Mark Redgard and CEO, DNMT, Michael Igbelabo, among others. With the celebrations over, attention now shifts to the seven AFRIMA Diamonds. For them, the journey has only just begun, and if Dada’s prediction proves accurate, Africa may have witnessed the unveiling of its next music sensations

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You may have missed

Seven AFRIMA Diamonds begin journey to African music glory The stage was set, the lights dazzled and the future of African music took centre stage as the All Africa Music Awards (AFRIMA) and the African Union Commission (AUC) unveiled seven emerging artistes tipped to become the continent’s next generation of superstars. During the AFRIMA Diamond Party and Prize Presentation held on Wednesday, June 3, 2026, at Voyage Lagos, Nigeria, AFRIMA Awards, through its Talent Discovery and Promotion programme, formally launched Ellacentric, Black Astro, Yamayeh Vibez, Mayowa Afolabi, DELLFIRE, El Nayaan and Blinkz Baba into the African music space, declaring them the latest talents poised to take African music to greater heights. The seven artistes, collectively known as the AFRIMA Diamonds, emerged from a continent-wide talent search that attracted entries from aspiring musicians across Africa. Speaking at the event, the President and Executive Producer, AFRIMA, Mike Dada, delivered a stirring charge to the young talents, predicting that they could become dominant forces in African music within the next two to three years. Standing before an audience of entertainment executives, artistes, influencers and industry stakeholders at the prestigious Voyage Lagos, Dada said the Diamonds had been carefully selected because of their exceptional talent and potential to shape the future of African music. “You are not here by accident. You were chosen because we saw something special in you. We saw talent, passion, discipline and the potential to become stars not just in your countries, but across Africa and the world. “I am challenging you today to go out and dominate the music space in the next two to three years. The opportunity is here. The platform is here. The spotlight is on you. The next move belongs to you,” he said. Dada said AFRIMA’s vision extends beyond celebrating established stars, stressing that the awards platform was committed to building a pipeline of globally competitive African talents. He noted that Africa’s growing youth population presents a unique opportunity for governments and industry leaders to invest in the creative sector. “The world is moving towards a content creation economy. Content is the new currency. Young people are creating value every day through music, digital media, fashion and entertainment. Our culture is our competitive advantage. The question is how we can leverage it for economic benefit, job creation and sustainable development. That is the direction AFRIMA is focused on, and we will continue to invest in initiatives that empower young Africans through creativity,” he said. The seven Diamonds earned their place after a rigorous selection process conducted by AFRIMA’s International Jury before being introduced to a wider audience through performances at the AFRIMA Music Village during the ninth AFRIMA Awards. At the party in their honour, the Diamonds once again took centre stage, delivering electrifying performances that left guests cheering and offered a glimpse into what could become the next wave of African music stars. An emotional Black Astro described the initiative as a turning point in his career. “This opportunity has changed everything for me. AFRIMA has given us visibility, confidence and access to people who can help shape our future. We are ready to show the world what we can do,” he said. Mayowa Afolabi said, “Being named an AFRIMA Diamond is a dream come true. This platform has given us an opportunity that many young artistes spend years searching for.” Ellacentric also expressed gratitude for the journey, describing the experience as a powerful reminder that perseverance and hard work can eventually pay off. As part of their rewards, the seven artistes secured participation slots in the Showbiz 101 Workshop and Music Creation Camp organised by bridgeAFRIC, where they will receive mentorship and collaborate with some of Africa’s leading music producers and artistes. Speaking on behalf of New Media Technologies Nigeria, the national distributor of SE Electronics, Bolaji Onisiwo, while presenting the musical equipment, said, “You have been identified as some of Africa’s brightest emerging talents. With that comes the responsibility to keep learning, improving and representing the continent positively through your music. These are not just gifts but investments, and how you use them will determine how far your careers can go,” Onisiwo said. The event, which had hospitality and entertainment provided by Voyage Lagos, attracted some of renowned names in the creative and entertainment industry, including Radio personality and Hypeman extraordinaire, Do2dtun Energy Gahd; Head of International Jury of AFRIMA, Olisa Adibua; Principal Consultant, Equally Diverse Solutions, Bolaji Durojaiye; CEO Voyage Lagos, Nader Issa; UK Rapper, SneaKBO; Chief Brand, Communications & Programming Officer, Murphy Ben International, Mark Redgard and CEO, DNMT, Michael Igbelabo, among others. With the celebrations over, attention now shifts to the seven AFRIMA Diamonds. For them, the journey has only just begun, and if Dada’s prediction proves accurate, Africa may have witnessed the unveiling of its next music sensations

Discover more from DailyNewsCover.com || ...Its All About News Update

Subscribe now to keep reading and get access to the full archive.

Continue reading